Present a Horizontal and Vertical analysis

2020 1,865,500.00 $ 240,000.00 1,625,500.00 2019 1,494,100.00 240,000.00 1,254,100.00 Sales Cost of Sales Gross Profit Operating Expenses: Salaries Expense Utilities Expense Supplies Expense Depreciation Expense Repairs and Maintenance Expense Advertising Expense Total Operating Expenses: Operating Profit Finance Cost 750,000.00 120,000.00 18,000.00 10,500.00 12,475.00 25,000.00 995,975.00 629,525.00 67,631.00 561,894.ED P 600,000.00 109,000.00 65,000.00 10,500.00 4,500.00 20,000.00 809,000.00 445,100.00 27,860.00 417,240.00 Net Income # 2120 2019 Assets Current Assets Cash Accounts Receivable Inventories Prepaid Expenses Total Current Assets Non-aurrent Assets Machinery and Equipment Total Assets 405,525.00 40,000.00 2,250.00 3,500.00 470,275.00 113,610.00 25,565.00 45,325.00 10,000.00 194,500.00 158,450.00 628,725.00 285,500.00 480,000.00 Liabilities and Owner's Equity Current Liabilities Accounts Payable Salaries Payable Non arrent Liabilities Loans Payable Totaltiobitties 100,500.00 85,000.00 100,000.00 36,250.00 235,000.00 420,500.00 58,750.00 195,000.00 Equity Gomez, Capital Total Liabilities and Owner's Equity 203,225.00 628,725.00 285,000.00 480,000.00