Required: Prepare a horizontal analysis for 2022 using 2021 as the base year. (Decreases should be indicated with a minus sign. Round your percentage answers to 1 decimal place.) Increase (Decrease) Amount % Net sales Cost of goods sold Gross profit FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 Year 2022 2021 19,200,000 $ 15,900,000 13,017,500 7.250.400 6,182,400 8,649,6001 1,708,800 1,287,900 1,094,400 1,004,400 288,000 1,612,800 365,7007 1.478,400 5,901,600 537,600 2,114.700 940,800 $ 3.786.900 Operating expenses Depreciation expense Inventory write down Loss (tigation) Income before tax Income tax expense Net income