Topic 2 Assignment Benchmark Complete a horizontal analysis on statements of income (IS). Fill in the blanks on the table below. Amounts do not need to dollar sign ($), whole numbers only, no decimals. Percentages should be two secimal places and no percentage sign (%) is needed. Please use proper commas where applicable (example 12,500) Increase/Decrease Increase/Decrease Increase/Decrease Increase/Decrease 2019-2020 2019-202 2018-2019 2018-2019 in millions, 2020 2019 2018 Amount Percent Amount Percent Revenues 37,403 39,117 36,397 Cost of sales 21,162 21,643 20,441 Gross Profit 16,241 17,474 15,956 Demand creation expense 3,592 3,753 3,577 Operating overhead expense 9,534 8,949 7,934 Total selling and administrative expense 13,126 12,702 11,511 Interest expense (income), net 89 49 54 Other expense (income), net 139 -78 66 Income before income taxes 2,887 4,801 4,325 Income tax expense 348 772 2,392 Net Income 2,539 4,029 1,933