Refer to the data presented for Mulberry Designs, Inc. in Exercise E15-13.
Theta Designs, Inc. has the following data:

Requirements
1. Prepare a comparative common-size income statement for Mulberry Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent (three decimal places).
2. To an investor, how does 2018 compare with 2017? Explain your reasoning.

THETA DESIGNS, INC. Comparative Balance Sheet December 31, 2018 and 2017 2017 2018 Assets $ 25,000 $ 73,440 Total Current Assets Property, Plant, and Equipment, Net 153,600 168,300 Other Assets 21,400 64,260 $ 200,000 $ 306,000 Total Assets Liabilities $ 27,600 $ 49,266 Total Current Liabilities Long-term Debt 208,998 72,400 Total Liabilities 258,264 100,000 Stockholders' Equity Total Stockholders' Equity 100,000 47,736 Total Liabilities and Stockholders' Equity $ 200,000 $ 306,000