$ % Prepare a horizontal analysis of the following comparative income statement of The Mariner Group (Click the icon to view the comparative income statement.) Why did net income increase by a higher percentage than net sales revenue during 2017? (amounts in thousands) Increase / (Decrease) 2017 2016 Amount Percent Sales revenues 479,526 $ 418,800 % Less: Cost of goods sold 229,596 212,000 Gross profit $ 249,930 $ 206,800 % Less: Operating expenses 116,600 110,000 % Operating income 133,330 $ 96,800 % Less: Interest expense 9,775 9,200 % Income before income taxes $ 123,555 $ 87,600 % Less: Income tax expense 22,080 13,800 $ 101,475 $ 73,800 Net income $ % Alh.. identinin arane kabinkar APARTARA+LAnnat ala PALTAR H..rinn 177 Enter any number in the edit fields and then continue to the next