Data for Sherwood, Inc Prepare a Horizontal Analysis of the Comparative Income Statement of 2019

Data for Sherwood, Inc. for the years ended December 31, 2019 and 2018 are as follows:
$$\begin{array} { l l l } \text { Net Sales } & \underline { 2019 } & \underline { 201 8 } \\\text { Cost of Goods Sold } & \$ 850,000 & \$ 798,000 \\\text { Selling and Administrative Expenses } & 635,000 & 580,000 \\\text { Other Expenses (Interest Expense) } & 50,000 & 35,000 \\\text { Income Tax } & 20,000 & 15,000 \\& 40,000 & 55,000\end{array}$$ Prepare a horizontal analysis of the comparative income statement of Sherman, Inc. (Round to one decimal place.) Use a multi-step income statement.