View the data. 1 Requirements 1. Prepare a horizontal analysis of the comparative income statement of Micatin Designs, Inc. Round percentage changes to one decimal place. 2. Why did 2025 net income increase by a higher percentage than net sales revenue? parentheses to indicate a decrease.) Requirement 2. Why did 2025 net income increase by a higher percentage than net sales revenue? Net income increased by a higher percentage than total net sales revenue during 2025 because (1) Comparative Income Statement Requirement 2. Why did 2025 net income increase by a higher percentage than net sales revenue? Net income increased by a higher percentage than total net sales revenue during 2025 because (1) 1: Data (1) revenues and expenses remained the same revenues increased at a higher rate than total expenses revenues increased at a lower rate than total expenses total expenses increased at a higher rate than revenues