Answer both questions please

ED-15 Performing horizontal analysisincome statement Data for McCormick Designs, Inc. follow: MCCORMICK DESIGNS, INC. Comparative Income Statement Years Ended December 31, 2016 and 2015 2016 2015 Net Sales Revenue $ 431,250 $ 373,000 Expenses: Cost of Goods Sold 202,000 189,000 Selling and Administrative Expenses 100,050 92,550 Other Expenses 8,000 2,150 Total Expenses 310,050 283,700 Net Income $ 121,200 $ 89,300 Requirements 1. Prepare a horizontal analysis of the comparative income statement of McCormick Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2016 net income increase by a higher percentage than net sales revenue