Data for Renee's Designs, Inc. follow:
| Account | 2020 | 2019 |
|---|---|---|
| Net Sales Revenue | $450,630 | $393,780 |
| Expenses: | ||
| Cost of Goods Sold | 202,460 | 187,940 |
| Selling & Admin, Exp. | 121,370 | 114,510 |
| Other Expense | 7,510 | 1,500 |
| Total Expenses | 331,340 | 303,950 |
| Net Income | $119,290 | $89,830 |
Prepare a horizontal analysis of the comparative income statement of Renee's Designs.
Note: When inputting a percentage value, do not include the % symbol, and round your answer to two decimal places (e.g., 50.35).
| Increase (Decrease) | ||||
|---|---|---|---|---|
| 2020 | 2019 | Amount | Percentage | |
| Net Sales Revenue | ||||
| Expenses: | ||||
| Cost of Goods Sold | ||||
| Selling & Admin, Exp. | ||||
| Other Expense | ||||
| Total Expenses | ||||
| Net Income | ||||