Rylander Corporation's condensed comparative income statements and comparative balance sheets for 2014 and 2013 follow.

Rylander Corporation
Comparative Income Statements
For the Years Ended December 31, 2014 and 2013
	2014		2013
Net sales	$6,553,600		$6,292,800
Cost of goods sold	4,177,600		4,016,800
Gross margin	$2,376,000		$2,276,000
Operating expenses:
Selling expenses	$ 953,600		$1,036,000
Administrative expenses	894,400		846,400
Total operating expenses	$1,848,000		$1,882,400
Income from operations	$ 528,000		$ 393,600
Interest expense	131,200		78,400
Income before income taxes	$ 396,800		$ 315,200
Income taxes expense	124,800		113,600
Net income	$ 272,000		$ 201,600
Earnings per share	$ 3.40		$ 2.52
Rylander Corporation
Comparative Balance Sheets
December 31, 2014 and 2013
	2014		2013
Assets
Cash	$ 162,400		$ 81,600
Accounts receivable (net)	471,200		458,400
Inventory	1,149,600		1,189,600
Property, plant, and equipment (net)	1,500,000		1,440,000
Total assets	$3,283,200		$3,169,600
Liabilities and Stockholders' Equity
Accounts payable	$ 535,200		$ 954,400
Notes payable (short-term)	400,000		800,000
Bonds payable	800,000		-
Common stock, $10 par value	800,000		800,000
Retained earnings	748,000		615,200
Total liabilities and stockholders' equity	$3,283,200		$3,169,600

1. Prepare schedules showing the amount and percentage changes from 2013 to 2014 for the comparative income statements. Round your answers for the last column "Increase or Decrease Percentage" to one decimal place. Rylander Corporation Comparative Income Statements For the Years Ended December 31, 2014 and 2013 2014 2013 Increase or Decrease Amount Increase or Decrease Percentage Net sales $ 6,553,600 $ 6,292,800 $ 4.1 % Cost of goods sold 4,177,600 4,016,800 4 % Gross margin $ 2,376,000 $ 2,276,000 $ 4.4 % Operating expenses Selling expenses $ 953,600 $ 1,036,000 $ 8.0 % Administrative expenses 894,400 $ 846,400 5.7 % Total operating expenses $ 1,848,000 $ 1,882,400 $ 1.8 % Income from operations $ 528,000 $ 393,600 $ 34.1 % Interest expense 131,200 78,400 67.3 % Income before income taxes $ 396,800 $ 315,200 $ 25.9 % Income taxes expense 124,800 113,600 9.9 % Net income $ 272,000 $ 201,600 $ 34.9 % Earnings per share $ 3.40 $ 2.52 $ 34.9 %

Prepare schedules showing the amount and percentage changes from 2013 to 2014 for the comparative balance sheets. Round your answers for the last column "Increase or Decrease Percentage" to one decimal place. If an amount box does not require an entry, enter "0". Rylander Corporation Comparative Balance Sheets December 31, 2014 and 2013 2014 2013 Increase or Decrease Amount Increase or Decrease Percentage Assets Cash $ 162,400 $ 81,600 $ 99.0 % Accounts receivable (net) 471,200 458,400 2.8 % Inventory 1,149,600 1,189,600 3.4 % Property, plant, and equipment (net) 1,500,000 1,440,000 4.2 % Total assets $ 3,283,200 $ 3,169,600 $ 3.6 % Liabilities and Stockholders' Equity Accounts payable $ 535,200 $ 954,400 $ 43.9 % Notes payable (short-term) 400,000 800,000 50.0 % Bonds payable 800,000 0 Common stock, $10 par value 800,000 800,000 0 % Retained earnings 748,000 615,200 21.6 % Total liabilities and stockholders' equity $ 3,283,200 $ 3,169,600 $ 3.6 % PLEASE FILL OUT THE FOLLOWING INFORMATION INCLUDED IN THE PICTURES BELOW.