The income statements for Urban Outfits, Inc. are presented below: Urban Outfits, Inc. Income Statements Year Ended December 31 Current Year Prior Year Sales revenue $731,559$683,700 Cost of goods sold 358,719329,100 Gross profit 372,840354,600 Operating and other expenses 122,960114,400 Interest expense 6,6008,500 Income tax expense 37.20036.700 Net income $206,080 $195,000 Required: Part a. Prepare a horizontal analysis of the income statement above. Round to the nearest whole percent. Part b. Interpret your analysis. Comment on significant changes