Net income

$$26,700,$$$15,000$

a$.$ Prepare a comparative income statement with horizontal analysis, indicating the increase $($decrease$)$ for the current year when compared with the previous year. If required, round your answers to one decimal place.

Winthrop Company

Comparative Income Statement

For the Years Ended December $31$

$\backslash$table$[[$Line Item Description,$\backslash$table$[[$Current$],[$Year$],[$Amount$]],\backslash$table$[[$Previous$],[$Year$],[$Amount$]],\backslash$table$[[$Increas$],[($Decreas$],[$Amoun$]],,\backslash$table$[[$Increase$],[($Decrease$)],[$Percent$]]],[$Sales$,$$$2,240,000,$$$2,000,000,$$$,,x\%$