Complete the horizontal analysis of the following comparative income statement? Mile Wide Organic Woolens, Inc. Comparative Income

Complete the horizontal analysis of the following comparative income statement?

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Mile Wide Organic Woolens, Inc. Comparative Income Statement For Years Ending December 31, 2012 and 2013 Increase (decrease Amount 2013 2012 Percent Revenue Gross sales Sales returns and allowances Net sales Cost of goods sold Beginning inventory, January I Purchases Ending inventory, December 31 Cost of goods sold Gross profit from sales Operating expenses Salary Insurance Utilities Rent Depreciation Total operating expenses Net income $219,827 $205,852 8.512 7983 42,816 97,523 43,182 40,512 94,812 42,521 28.940 800 1.700 3,600 2,000 27.000 750 1,580 3,000 2.400