Problem 2 ( computing and Interpreting Rates of Change) Selected information from the financial statements of Yellow Harvest includes the following: 2020 2019 Netsales......... P2,200,000 P2,000,000 Totalexpenses... 1,998,000 1,800,000 Required: a. Compute the percentage change in 2020 for the amounts of (1) net sales and (2) total expenses b. Usingtheinformationdevelopedinaparta, expressyouropinionastowhetherthe company's net income for2020: 1. Increased at a greater or lower percentage rate than did netsales. 2. Represented a larger or smaller percentage of net sales revenue than in 2019. For eachanswer,explainyourreasoningwithoutmakinganycomputationsorreferences to pesoamounts