Required information P 4-4 (LO 4.4) Using Alphabet Incorporated (Google) 2020 and 2021 results (as shown below).. [The following information applies to the questions displayed below.] Using Alphabet Incorporated (Google) 2020 and 2021 results (as shown below), perform a horizontal analysis to calculate the change in results from 2020 to 2021. P 4-4 (LO4.4) - Parts a and b Required: a. Calculate the change in revenues and the percentage change in revenues from 2020 to 2021. b. Calculate the change in net income and the percentage change in net income from 2020 to 2021. Note: For all requirements, round the percentage answers to 2 decimal places. Alphabet Incorporated (Google) CONSOLIDATED STATEMENTS OF INCOME Percentage 2021 2020 Change from 2020 to 2021 Change from 2020 to 2021 Revenues 257,637 182,527 % Costs and expenses: Cost of revenues 110,939 $ 84,732 5 26,207 30.93 % Research and development 31,562 27,573 3.989 14.47 % Sales and marketing 22,912 17,946 4,966 27.67 % General and administrative 13,510 $ 11,052 2,458 22.24 % I costs an 178,923 141,303 37,620 26.62 % Income from operations 78,714 41,224 37,490 90.94 % Other income (expense), net 12,020 6,858 5, 162 75.27 % Income before income taxes 90,734 48,082 $ 42,652 88.71 % Provision for income taxes 14,701 7,813 6,888 88.16 % Net income 76,033 40,269 %Required information P 4-4 (LO 4.4) Using Alphabet Incorporated (Google) 2020 and 2021 results (as shown below)... [The following information applies to the questions displayed below.] Using Alphabet Incorporated (Google) 2020 and 2021 results (as shown below), perform a horizontal analysis to calculate the change in results from 2020 to 2021. P 4-4 (LO4.4) - Part c c. Compare the percentage change in revenues and percentage change in net income. Did you expect them to be similar? Do your calculations support your expectations? Explain. Essay Toolbar navigation BIUS EEVAVAV