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Muscateer Corp. reported the following on its comparative income statement (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross

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Muscateer Corp. reported the following on its comparative income statement (Click the icon to view the data.) Prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018 Begin by calculating the gross profit for each year, then prepare a horizontal analysis of revenues and gross profit-both in dollar amounts and in percentages-for 2019 and 2018. (Enter amounts in millons as provided to you in the problem statement. Round the percentages to one decimal place, XX %. Use a minus sign or parentheses to indicate a decrease) Muscateer Corp Income Statement-(Partial) Years Ended December 31, 2019 and 2018- Data Table 2019 2018 2017 (Amounts in miWons) Revenues 9,680 $ 9,500 $ 9,130 (In milWons) 2019 2018 2017 6,000 7,130 6,600 Cost of Goods Sold 9.500$ 0,130 Revenue 9.680 $ Gross Proft Cost of Goods Sold 7,130 6,600 6,000 Print Done

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