Prepare a comparative common-size income statement for Sensible Music Co., using the 2010 and 2009 data of Exercise and rounding to four decimalplaces.

Sensible Music Co. Comparative Income Statements Years Ended December 31, 2010 and 2009 2010 2009 Total revenue Expenses: $852,000 912,000 $402,000 $408,000 Selling and general expenses232,000 261,000 Interest expense9,200 10,500 84,000 Total expenes726,200 763,500 S125,800 $148,500 Cost of goods sold.. Income tax expense...83,000 Net income