Using the Following Income Statements for Conduit Corporation for the Years

Using the following income statements for Conduit Corporation for the years ended December 31,2010 and 2009,prepare a horizontal analysis showing both dollar amounts and percentages:
Condun Corporation
Comparative Income Statements
For the Years Ended Decermber 31, 2010 ard 2009
$\begin{array} { l l l } \text { Net sales } & \frac { 2010 } { \$ 145,000 } & \$ \frac { 2009 } { \$ 131,000 } \\ \text { Cost of goods sold } & \frac { 63,000 } { 65,000 } & \frac { 66 } { \mathbf { 8 2 , 0 0 0 } } \end{array}$
Operating expenses:
$\begin{array} { l r r } \text { Selling expenses } & 29,000 & 26,000 \\ \text { General ard adruiristrative } & & \\ \text { Expenses } & \frac { 17,000 } { 14,000 } & \frac { 17,00 } { \$ 25,000 } \\ \text { Operatirg income } & \$ 36,000 & \$ 2,000 \end{array}$