Vision, Inc.s comparative income statements follow. Compute the amount and percentage changes for the income statements, and

Vision, Inc.’s comparative income statements follow. Compute the amount and percentage changes for the income statements, and comment on the changes from 2013 to 2014. (Round the percentage changes to one decimalplace.)

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Vision, Inc. Comparative Income Statements For the Years Ended December 31, 2014 and 2013 2014 Net sales Cost of goods sold Gross margin Operating expenses Operating income Interest expense Income before income taxes Income taxes expense Net income Earnings per share 5360,000 224,000 $136,000 80,000 56,000 14,000 42,000 14,000 28,000 2.80 2013 $290,000 176,000 $114,000 60,000 54,000 10,000 44,000 16,000 28,000 5 2.80