Question: Below is the comparative income statement data for R. Hanson, Inc. Prepare a comparative common-size income statement for R. Hanson, Inc. Round percentages to the

 Below is the comparative income statement data for R. Hanson, Inc.

Below is the comparative income statement data for R. Hanson, Inc. Prepare a comparative common-size income statement for R. Hanson, Inc. Round percentages to the nearest tenth of a percent, X.X%. |(Click the icon to view the comparative income statement.) Data table R. Hanson, Inc. Common-Size Income Statement R. Hanson, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Years Ended December 31, 2018 and 2017 2018 (%) 2017 (%) 2018 2017 Revenue % % Revenue $ 515,000 $ 403,700 Expenses: Cost of goods sold Selling and general expenses % % Expenses: Cost of goods sold Selling and general expenses 186,000 % % 255,000 123,500 120,000 Interest expense % Interest expense 9,000 50,400 4,800 48,000 Income tax expense % % Income tax expense Total expenses % Total expenses 437,900 358,800 Net income % % $ 77,100 $ 44,900 Net income

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