rent year compare with the prior year? Explain your reasoning. Data table M 4 A Charmed Corporation Income Statement B For the Years Ended December 31 (amounts in thousands) Current year 5 Sales revenues 7 Less: Cost of goods sold & Gross profit 9 Less: Operating expenses 10 Operating income 11 Less: Interest expense 12 Income before income taxes 13 Less: Income tax expense 14 Net income Prior year 482,000 $ 420,000 227.220 210,000 254,780 $ 210,000 95.250 90,050 159.530 $ 119.950 6.480 6.020 153.070 $ 113,930 14.225 8.990 $ 138,845 $ 104.940 25 Print Done X rent year compare with the prior year? Explain your reasoning. Data table M 4 A Charmed Corporation Income Statement B For the Years Ended December 31 (amounts in thousands) Current year 5 Sales revenues 7 Less: Cost of goods sold & Gross profit 9 Less: Operating expenses 10 Operating income 11 Less: Interest expense 12 Income before income taxes 13 Less: Income tax expense 14 Net income Prior year 482,000 $ 420,000 227.220 210,000 254,780 $ 210,000 95.250 90,050 159.530 $ 119.950 6.480 6.020 153.070 $ 113,930 14.225 8.990 $ 138,845 $ 104.940 25 Print Done X