Click the icon to view the data) Read the requirements Requirement 1. Prepare a horizontal analysis of the comparative income statement of Muscatoer Designs, Inc Round percentage changes to one decimal place (Round the percentages to one decimal place XXX Use a minus sign or parentheses to indicato a decrease) Muscateer Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Increase (Decrease) 2024 2023 Amount Percentage $ 430,000 $ 375,000 $ 55,000 12.450 Net Sales Revenue Experises Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 200.000 100 050 7000 187,550 92 550 6,850 286,950 150 307 050 20.100 % $ 122,950 $ 88,060 0 Net Income ch Part 1 of 2 Points: 0 of 6 ollow: a. Data table nta changes to one decima ecil Muscateer Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 ear Net Sales Revenue $430,000 $375,000 Expenses 187,550 Cost of Goods Sold 200,000 100,050 7,000 Selling and Administrative Expenses 92,550 6,850 Other Expenses 307,050 286,950 Expe Total Expenses $ 122,950 $ 88,050 Net Income