in service sales. Service sales are revenues earned from Amazon's Web hosting, Web indicating that expenses are growing than revenues. The expense growth appeal evenues: Product sales $160,408$141,915 Service sales 120,11490,972 Total revenues $280,522$232,887 Operating expenses: Cost of sales Fulfillment Technology and content Marketing General and administrative Other operating expense (income), net Total operating expenses Operating income b. The horizontal analysis shows that total revenues This part of Amazon apparently result is a significant $(165,536)$(139,156) (40,232)(34,027) (35,931)(28,837) (18,878)(13,814) (5,203)(4,336) \begin{tabular}{rr} (201) & (296) \\ \hline$(265,981) & $(220,466) \\ \hline$14,541 & $12,421 \\ \hline \hline \end{tabular} Total operating expenses in operating income between the two decrease increase iorizontal analysis shows that total revenues t of Amazon apparently s a significant between the two years, with a strong enses have grown between the two years in operat le two years. Year2Year1Amount $(165,536)(40,232)$(139,156)(34,027) (35,931)(18,878)(28,837)(13,814) 1. and administrative operating expense (income), net aperating expenses ing income (5,203)(4,336) \begin{tabular}{|c|c|} \hline (201) & (296) \\ \hline$(265,981) & $(220,466) \\ \hline$14,541 & $12,421 \\ \hline \end{tabular} horizontal analysis shows that total revenues Zbetween the two years, wi art of Amazon apparently Total operating expenses have grown between is a significant has been growing rapidly has not been growing rapidly rizontal analysis shows that total revenues of Amazon apparently significant between the two years, with a strong enses have grown between the two year in operat le two years. Amazon.com, Inc. (AMZN) is the largest Internet retailer in the United States. Amazon's income statements for bio recent years follow: Amazon,com, Inc. Income statements For the Vears Ended December 31 a. Prepare a horizontal analyais of the income statements, Round percentages to one decimal nlara