Help me solve this: Calculate the 2022 Horizontal Analysis variance of "Selling and Administrative Expenses" in %. Fill in the equations using the financial statements provided (no symbols or commas) and the % should be in a XX.XX format: Step 1: Blank 1; - Blank 2; = Blank 3; Step 2: Blank 4; Blank 5; = Blank 6 %Blank 1Add your answerBlank 2Add your answerBlank 3Add your answerBlank 4Add your answerBlank 5Add your answerBlank 6Add your answer

Chrome File Edit View History Bookmarks Profiles Tab Window Help PDF Q 8 Sun May 18 9:49 PM . .. M Inbox - * *WK 4 Pr X | Healthc x Search | x |w WordCo x G Gramma x Summit X & Acterys x | Home x A View As X HCS38( X + G go multimedia.phoenix.edu/wp-content/uploads/sites/3/2023/03/HCS380_v8_wk4_quiz_financial_statement_picture.jpg Co Northside Medical 2021 and 2022 Financial Statements Amounts in thousands of dollars Balance Sheet Income Statement Dec 31 st Dec 31 st 2022 2021 2022 2021 Current Assets Sales Revenue 3,800 3,460 Cash and cash equivalents 330 360 Accounts receivable (net) 470 400 Costs and expenses Inventory 460 390 Cost of goods sold 955 890 Prepaid expenses 120 160 Selling and Administrative Total current assets 1,380 1,310 expenses 2,400 2,330 Interest expense 25 20 Investments 10 10 Total costs and expenses 3,380 3,240 Property, plant, and equipment 420 380 Intangibles and other assets 530 510 Income before income taxes 420 220 Total assets 2,340 2,210 Income tax expense 126 66 Net Income 294 154 Current liabilities 900 790 Long-term liabilities 410 380 Stockholder's equity - common 1,030 1,040 Total liabilities and stockholder's equity 2,340 2,210 MAY 18 POF