The average price of a gallon of gas in 2005 jumped $0.43 (24 percent) from $1.81 in 2004 to $2.24 in 2005. Let's see whether these changes are reflected in the income statement of Chevron Corp. for the year ended December 31, 2005 (amounts in millions).

Required:

Prepare a vertical income statement and calculate the year-to-year changes in each line item expressed in dollars and in percentages. (Round your percent values to 1 decimal place. Omit the "$" & "%" signs in your response.)

CHEVRON CORP Income Statements (in millions) Year Ended December 31
	2005	%	2004	%
Total revenues	$ 198,200	%	$ 155,300	%
Costs of crude oil and products	140,902	%	104,948	%
Other operating costs	32,101	%	29,801	%
Income before income tax expense	25,197	%	20,551	%
Income tax expense	11,098	%	7,223	%
Net income	$ 14,099	%	$ 13,328	%