Q4) Skyjet is a specialized company that provides a global trading platform. However, business has not always been as profitable for Skyjet. In the first quarter of 2013 , Skyjet reported revenue of $154 million and operating expenses of $123 million for an operating profit of $31 million. In the first quarter of 2014 skyjet reported that revenue had increased 59%, to $245 million. Skyjet's fixed costs were $37 million and variable costs vary with the amount of revenue. Calculate skyjet's operating income for the first quarter of 2014 and its percentage increase in operating income between 2013 and 2014