Here are the comparative income statements of Sunland Corporation, SUNLAND CORPORATION Comparative Income Statement For the Years Ended December 31 Net sales Cost of goods sold Gross Profit Operating expenses Net income 2022 $632.600 447,800 184.800 76,500 $ 108,300 2021 $548,500 405.900 142.600 42,900 $99.700 Prepare a horizontal analysis of the income statement data for Sunland Corporation, using 2021 as a base. (If amount and percentage.ane a decrease show the numbers as negative, eg -55,000, -20% or (55,000). (20%). Round percentages to 1 decimal place, eg. 12.1%) Net sales Cost of goods sold Gross Profit 2022 Net Income $632,600 447,800 Operating expenses 76.500 SUNLAND CORPORATION Comparative Income Statement 2021 $548,500 $ 405.900 184,800 142.600 42,900 $108,300 $99,700 $ Increase or (Decrease) During 2022 Amount Percentage I 50 Sa Est de se (b) Prepare a vertical analysis of the income statement data for Sunland Corporation for both years. (Round percentages to 1 decimal place, eg 12.1%) Net sales Cost of goods sold Gross Profit Operating expenses Net income $632,600 447,800 184,800 76.500 $108,300 SUNLAND CORPORATION Condensed Income Statements 2022 Percent $6 96 96 96 96 $548,500 405.900 142.600 42.900 $ 99,700 2021 Percent % SE Spe