. Complete the "Amount" and "%" columns to be used in a horizontal analysis of The Sports Warehouse's income statement.

1. Complete the "Amount" and "%" columns to be used in a horizontal analysis of The Sports Warehouse's income statement. (Decreases should be indicated by a minus sign. Round your percentage answers to 1 decimal place.) The Sports Warehouse Income Statements Sales Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) For the Years Ended December 31 Increase (Decrease) 2022 2021 Amount % $ 4,700,000 $ 4,550,000 2,600,000 2,500,000 2,100,000 2,050,000 690,000 750,000 1,410,000 1,300,000 (40,000) (35,000) 1,370,000 1,265,000 400,000 370,000 $ 970,000 $ 895,000 Income before tax Income tax expense Net income