Horizontal Analysis of Income Statement The following data (in millions) are taken from the financial statements of Tarrow Corporation. Recent Year Prior Year Revenue $791,384 $748,000 Operating expenses 636,000 669,072 $122,312 Operating income $112,000 a. For Tarrow Corporation, determine the amount of change in millions and the percent of change (round to one decimal place) from the prior year to the recent year for: 1. Revenue 2. Operating expenses 3. Operating income Amount of Change (in millions) Percent of Change (round to 1 decimal place) Increase or Decrease 1. Revenue 2. Operating expenses 3. Operating income and operating expenses . As a result, operating income , from the b. During the recent year, revenue prior year