Below is the comparative income statement data for Muscateer, Inc. Prepare a comparative common-size income statement...

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Below is the comparative income statement data for Muscateer, Inc. Prepare a comparative common-size income statement for Muscateer, Inc. Round percentages to the nearest tenth of a percent, X.X%. (Click the icon to view the comparative income statement.) Muscateer, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 $ 520,000 $ 421,800 Revenue Expenses: Cost of goods sold 242,000 237,000 Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses Net income 242,000 237,000 114,200 112,200 5,000 3,500 53,100 46,000 414,300 398,700 $ 105,700 $ 23,100 Below is the comparative income statement data for Muscateer, Inc. Prepare a comparative common-size income statement for Muscateer, Inc. Round percentages to the nearest tenth of a percent, X.X%. (Click the icon to view the comparative income statement.) Muscateer, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 $ 520,000 $ 421,800 Revenue Expenses: Cost of goods sold 242,000 237,000 Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense Total expenses Net income 242,000 237,000 114,200 112,200 5,000 3,500 53,100 46,000 414,300 398,700 $ 105,700 $ 23,100