The 2009, 2008, and 2007 income statements for Electronics Unlimited appear below.

Required:
1. Calculate how much each of the revenues and expenses changed from 2007 through 2009.
2. Discuss the primary causes of Electronics Unlimited€™s increase in net income in 2008 and the decrease in2009.

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Electronics Unlimite d Income Statement Year Ended December 31, 2009 2008 2007 Revenues Theme parks and resorts Filmed entertainment Consumer products $2,723.8 $3,299.9 3,127.3 1,121.6 $7,548.8 $3,502.7 3,682.4 1,493.5 $8,678.6 2,6014 752.3 $,0775 57.510. Costs and expenses Theme parks and resorts Filmed entertainment Consumer products $2,263.9 2,300.2 503.7 $5,067.8 $2,723.4 2,566.3 804.5 $6,094.2 $2,703.7 3,104.9 1,120.6 $6,929.2 Year Ended December 31, 2009 2008 2007 Operating income Theme parks and resorts Filmed entertainment Consumer products $ 459.9 301.2 248.6 $1,009.7 $576.5 561.0 317.1 $1,454.6 $ 799.0 577.5 372.9 $1,749.4 Corporate activities General and administrative expenses Interest expense Investment and interest income $ 161.2 103.7 (121.1 $ 143.8 $150.2 130.8 (127.4) $ 153.6 $ 165.3 158.9 (193.6 $ 130.6 Income (loss) on investment in Asian Income before income taxes Net income (520.8) 13.6 $1,314.6 492.3 822.3 theme park $ 928.0 376.2 $ 551.8 Income taxes 410.4 $687.6