The income statements for Urban Outfits, Inc. are presented below: Urban Outfits, Inc. Income Statements Year Ended December 31 Current Year Sales Revenue $800,059 Cost of Goods Sold 398,202 Gross Profit 401,857 Operating and Other Expenses 138,791 Interest Expense 7,650 Income Tax Expense 47,000 Net Income $208, 416 Prior Year $741,413 368,210 373,203 127, 624 16,900 45,500 $183,179 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) Current Year Prior Year Amount Percent (%) Sales Revenue Cost of Goods Sold Gross Profit Operating and Other Expenses Interest Expense Income Tax Expense $ 800,059 $ 741,413 398,202 368,210 401,857 373,203 138,791 127,624 7,650 16,900 47,000 45,500 $ 208,416 $ 183,179 Net Income