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2. The income statements for urban outfits, Ina are presented below. urban outfits inc Income statements Year ended December 31 current year Sacs revenue $875,059 cost of goods sold Gross profit 443,072 H31,987 156,881 prior year $804 983 H1, His 392,368 142, 724 26,400 o operating & other exponees Intrest expense. 8,800 58,000 ss,sod Income tax expert Net income the income statement above. year ended pecem boor 31 $1208,304 $167, 744 Prepare a horizontal analysis of (Round your ansuers to the urban outfits Inc nearest whole Income statements Apercent) Enter any decreases with a minus Increak oecreassign. current prior Anount percent of sales revenue 1875 0593404,983 cost of 400ds Soid 443,072412,015 Gross profit 43197 392,368 operating to other core 15618142,724 Intrest extent 18,800 24,400 Income tax contes8,000 55,500 Netiscone 3207,300 13 747744 SEAV