Make a Decision Horizontal Analysis Obj. 5 MAD 2-1 Analyze Amazon.com com, Inc. (AMZN) is the largest Internet retailer in the United States. Amazon's income statements for two recent years follow: Amazon.com, Inc. Income Statements For the Years Ended December 31 (in millions) Year 2 Year 1 Revenues: $94,665 41,322 s 79,268 27,738 $ 107,006 Service sales Total revenues $ 135.987 Operating expenses: Cost of sales . Fulfillment . Marketing Technology and content General and administrative . Other operating expense (income), net s (88,265) (17,619) (7,233) (16,085) (2,432) (167) (131,801) $ 4,186 s (71,651) (13,410) (5,254) (12,540) (1,747) (171) $(104,773) Total operating expenses Operating income $ 2,233 Prepare a horizontal analysis of the income statements. Round percentages to one decimal place. a. b. Interpret the results of the horizontal analysis