I only need two answers. I put "this answer needed" in the boxes I need. Thank you.

Income statement data for Boone Company for the years ended December 31, 20Y5 and 20Y4, are as follows:

	20Y5		20Y4
Sales	$396,800		$310,000
Cost of goods sold	(337,500)		(270,000)
Gross profit	$59,300		$40,000
Selling expenses	$(17,700)		$(15,000)
Administrative expenses	(15,120)		(12,000)
Total operating expenses	$(32,820)		$(27,000)
Income before income tax	$26,480		$13,000
Income tax expenses	(10,600)		(5,200)
Net income	$15,880		$7,800

a. Prepare a comparative income statement with horizontal analysis, indicating the increase (decrease) for 20Y5 when compared with 20Y4. Round percentage answers to one decimal place.

Boone Company
Comparative Income Statement
For the Years Ended December 31, 20Y5 and 20Y4
	20Y5 Amount	20Y4 Amount	Increase (Decrease) Amount	Increase (Decrease) Percent
Sales	$396,800	$310,000
Cost of goods sold	(337,500)	(270,000)
Gross profit	$59,300	$40,000		This Answer Needed
Selling expenses	$(17,700)	$(15,000)
Administrative expenses	(15,120)	(12,000)
Total operating expenses	$(32,820)	$(27,000)
Income before income tax	$26,480	$13,000		This Answer Needed
Income tax expense	(10,600)	(5,200)
Net income	$15,880	$7,800