Based on the given information for the Beagle Company below:

2) Put together a horizontal analysis of the income statement in good form including $ change and % change. Round percentages to one decimal point. (1 pt.)

20202019

Net sales 180,000 $ 150,000

Cost of goods sold 147,000 120,000

Gross profit 33,000 30,000

Selling & admin. expenses 25,000 18,000

Net income $8,000 $12,000

======== ========