Drill Problem 13-7 LU 13-2 (2)] Complete the comparative income statement and balance sheet for Logic Company. (Input all answers as positive values except decrease answers which should be indicated by a minus sign. Round your "percent" answers to the nearest hundredth percent.) LOGIC COMPANY Comparative Income Statement For Years Ended December 31, 2014 and 2015 INCREASE (DECREASE) 2015 2014 Amount Percent Gross sales S19,600 15,450 100 Sales returns and allowances 1,000 Net sales Cost of merchandise (goods) sold Gross profit Operating expenses S18,600 S15,350 8,850 S 11,850 s 6,750 6,500 s Depreciation Selling and administrative Research Miscellaneous S 760 S 630 S 2,650 610 420 2,300 530 330 s 4,440 S 3,790 S Total operating expenses Income before interest and taxes Interest expense Income before taxes Provision for taxes S 2,310 S 2,710S 620 530 S 1,690 S 2,180 S 676 872 Net income S 1,014 S 1,308 S