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, 2017 and 2018 Increase (Decrease) Amount Percent 2018 2017 18,300 S s 23,400 900 100 s S 22,500 10.900 18,200 7,400 10.800 s 11,600 $ s S 820 Gross sales Sales returns and allowances Net sales Cost of merchandise (goods) sold Gross profit Operating expenses Depreciation Selling and administrative Research Miscellaneous Total operating expenses Income before interest and taxes Interest expense Income before taxes 1,140 5,500 990 4,200 720 800 520 s S 8,260 S 8,430 3,170 1.000 2,170 4,540 720 S S 3,820 Provision for taxes 868 1,302 1,528 2.292 Net income s S