The income statements for Urban Outfits, Inc. are presented below: Urban Outfits, Inc. Income Statements Year Ended December 31 Current Year Sales Revenue $866,559 Cost of Goods Sold 439,485 Gross Profit 427,074 Operating and Other Expenses 155,522 Interest Expense 8,700 Income Tax Expense 57,000 Net Income $205,852 Prior Year $798,126 409, 029 389,097 141,580 25,600 54,700 $167,217 Required: Prepare a horizontal analysis of the income statement above. (Round your answers to the nearest whole percent. Enter any decreases with a minus sign.) URBAN OUTFITS, INC Income Statements Year Ended December 31 Increase (Decrease) Current Prior Year Amount Year Percent (%) Sales Revenue Cost of Goods Sold Gross Profit Operating and Other Expenses Interest Expense Income Tax Expense Net Income $ 866,559 $ 798,126 439,485 409,029 427,074 389.097 155,522 141,580 8,700 25,600 57,000 54,700 $ 205,852 $ 167,217