Income statemente 9/7/2020 2016 2018 (in millions) Sales $ 62,826 $ 60,628 33,389 30,189 Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Research and Development Expense Interest Expense Earnings Before Provision for Taxes 29,437 12,309 7,200 511 30,337 12,889 8,000 600 9,417 2,516 8.948 2,438 Provision for Taxes Net Income $ 6,901 $ 8,510 Complete the following horizontal analyses of Butterfly Corporationis income statement. What was the largest percentage increase in expenses? What was the largest percentage decrease inexpenses? Wh changes? Click the icon to view the income statements) Begin by completing the horizontal analyses of Butterfly Corporation's income statement (Round percentages to the newest tenth of a percent, XXUseamus ir parentheses for oss or to show de the accounts) (in millions) 2016 2015 Change Percent Change Sales $ 62,8265 60.526 Cost of Goods Sold 33.309 30.189 Gross Profit 29,437 30,337 Selling General, and Administrative Expenses 12,309 12.809 Research and Development Expense 7.200 8.000 511 500 Interest Expense Earnings Before Provision for Taxes 9.417 8.948 Enter any number in the edit fields and then click Check Answer Check AS (Click the icon to view the income statements.) (in millions) Sales $ 2016 2015 Change Percent Change % 62,826 $ 33,389 60,526 30,189 Cost of Goods Sold % Gross Profit % 29,437 12,309 30,337 12,889 8,000 500 Selling, General, and Administrative Expenses Research and Development Expense Interest Expense Earnings Before Provision for Taxes % 7,200 511 % % 9,417 2,516 8,948 2.438 % Provision for Taxes 6,901 $ 6,510 Net Income Enter any number in the edit fields and then click Check