The comparative income statement of Lawn Products, Inc. showed net income of $24,500 in 2004 and $27,300 in 2005. Compute the dollar amount of net change in net income.

Comparative Income Statement

A financial statement that presents the revenues, expenses, and net income for multiple periods to facilitate analysis over time.

Net Change

The difference in a financial instrument's closing price from one period to the next, indicating its performance within that period.

Net Income

The total profit remaining after all expenses, taxes, and deductions have been subtracted from total revenues.