The income statements for Urban Outfits, Inc. are presented below: Urban Outfits, Inc. Income Statements Year Ended December 31 Current Year Sales Revenue $761,559 Cost of Goods Sold 376,667 Gross Profit 384,892 Operating and Other Expenses 130, 196 Interest Expense 7,050 Income Tax Expense 41,600 Net Income $206,046 Prior Year $709, 128 346,862 362,266 120, 440 12,300 40,700 $188, 826 Required: Prepare a horizontal analysis of the income statement above. (Round your percentage answers to 2 decimal places. Enter any decreases with a minus sign.) URBAN OUTFITS, INC Income Statements Year Ended December 31 Increase (Decrease) Amount Percent (%) Sales Revenue Cost of Goods Sold Gross Profit Operating and Other Expenses Interest Expense Income Tax Expense Current Prior Year Year $ 761,559 $ 709,128 376,667 346,862 384,892 362,266 130,196 120,440 7,050 12,300 41,600 40,700 $206,046 $ 188,826 Net Income