please answer all requirements with clear notes so i am able to understand

please answer all requirements with clear notes so i am able to understand

Data for Harlan Designs, Inc. follow: (Click the icon to view the data.) Read the requirements. Requirement 1. Prepare a horizontal analysis of the comparative income statement of Harlan Designs, Inc. Round percentage changes to one decimal place. (Round the percentages to one decimal place, XX%. Use a minus sign or parentheses to indicate a decrease.) Harlan Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 Increase (Decrease) Amount Percentage 2024 2023 Net Sales Revenue $ 431,500 $ 373,000 % Expenses: Data Table Cost of Goods Sold 202,650 187,000 Selling and Administrative Expenses 100,000 95,000 6,000 2,500 Other Expenses Harlan Designs, Inc. 308,650 284,500 Total Expenses Comparative Income Statement $ 122,850 $ 88,500 Net Income Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 431,500 $ 373,000 Requirements - X Expenses: Cost of Goods Sold 202,650 187,000 Selling and Administrative Expenses 100,000 95,000 6,000 2,500 1. Prepare a horizontal analysis of the comparative income statement of Harlan Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2024 net income increase by a higher percentage than net sales revenue? Other Expenses 308,650 284,500 Total Expenses $ 122,850 $ 88,500 Net Income Print Done Print Done