Horizontal Analysis of Income Statement The following data (in millions) were taken from the financial statements of Tarrow Corporation: Recent Year Prior Year Revenue $447,534 $423,000 Operating expenses 383,760 360,000 Operating income $63,774 $63,000 a. For Tarrow Corporation, determine the amount of change in millions and the percent of change from the prior year to the recenty 1. Revenue 2. Operating expenses 3. Operating income (For those boxes in which you must enter negative numbers use a minus sign. Round percentage answers to one decimal place.) Amount of Change Percent of Change (in millions) (round to 1 decimal place) Increase or Decrease 1. Revenue 2. Operating expenses 3. Operating income b. During the recent year, revenue and operating expenses As a result, operating income