Listed below are the results of Rulon Candies’ operations for 2002 and 2003. (Assume 4,000 shares of outstanding stock for both years.) 2003 2002 SaleSWise tb ma eee AAA iv kB datta Were oPeke te keas CRAM Mew ED ooo $300,000 $350,000 WtilitiGSvEXDENSESEM SAE aia: dh .ctkuer. chi tate neh Lettamaen chs ol anc 15,000 8,500 EMplOVEesSalaniesMeiast sachs Wied Uric foe aanehee anal twee ncaa eet rel 115,000 110,000 AAVEtiSinguexPeMSeS#as at mente miierecete tar uck caylee ceroaaenenieeran 10,000 20,000 Income: taxrexpenSe eal. ears coG thea PSE kept ake. ome Nears oe 9,000 36,500 [NTCKESHEEXPOMSEs temiee tartar canes oe ore ical yd tajen ss ST OMIEAG otis GEL apie a 25,000 15,000 Cost.onqoodstsold Wemrminaasiech: x ereuelebs a cetousre crams Tae ais 115,000 85,000 INteKeStaneV.c AUC somes aan Pesci sccicbs cocermse-s Micmac wis scotetewain amano mee 10,000 10,000 Required: 1. Prepare a comparative income statement for Rulon Candies, Inc., for the years ended December 31, 2003 and 2002. Be sure to include figures for gross margin, operating income, income before taxes, net income, and earnings per share. 2. Interpretive Question: What advice would you give Rulon Candies, Inc., to improve its profitability for the year 2004?