Chipotle Mexican Grill, Inc. Income Statements For the Years Ended December 31 (in thousands) b. Revenue in Year 2, while total expenses . Food, beverage, packing expense and labor 1, respectively. General and administrative expenses , while rent and other expenses , respectively. Since the in total operating expenses was than the increase in revenues, operating income . Overall, Year 2 operating results significantly over Year 1. Analyze Chipotle Mexican Grill Chipotle Mexican Grill, Inc. (CMG) is a quick-service restaurant providing a focused menu of burritos, tacos, and salads. Chipotle's income statements for the end of two recent years are as follows: Chipotle Mexican Grill, Inc. Income Statements a. Prepare a horizontal analysis of the two income statements. Round percentages to one decimal place. Chipotle Mexican Grill, Inc