Prepare a comparative common-size income statement for Keesha Shoes Inc. using the 2017 and 2016 data found in Exercise 18-2 and rounding percentages to one-tenth of a percent (three decimal places).
In Exercise 18-2

KEESHA SHOES INC Income Statement For the Years Ended December 31, 2017 and 2016 2017 $533,000 2016 $465,000 Net sales Expenses Cost of goods sold Selling and general expenses Interest expense Wages expense 235,000 140,000 10,000 51,000 436,000 97,000 202,000 135,000 6,000 41,000 384,000 $81,000 Total expenses Net income