Target Corporation’s annual report for the year 2020 includes income statements for the years ending in 2018, 2019, and 2020. Net income for these three years is as follows (all in millions): $2,937 (2018), $3,281 (2019), and $4,368 (2020). Further analysis of the same income statements reveals that total revenues were the following amounts for these same years (all in millions): $75,356 (2018), $78,112 (2019), and $93,561 (2020). State each year’s net income as a percentage of revenues and comment briefly on the trend you see over the three-year period. For example, in 2018, net income represents 3.9% of total revenues: $2,937 divided by $75,356.