Common-size statement analysis A common-size income statement for Creek Enterprises' 2018 operations follows Using the firm's 2019 income statement develop the 2019 common-size income statement and compare it to the 2018statement. Which areas require further analysis and investigation? Complete the common-size income statement for the year ending December 31, 2019 and compare it to the common-size income statement for the year ending December 2018: (Round to one decimal place.) Creek Enterprises Common-Size Income Statement for the Years Ended December 31, 2018 and December 2019 2019 2018 Sales revenue 100 % 100.0 % 65.8 % 34.2 % Less: Cost of goods sold Gross profits Less: Operating expenses Selling expense General and administrative expenses 9 12.2 % 6.2 Lease expense 0.4 3.4 22.2 % 12.0 % Depreciation expense Total operating expense Operating profits Less: Interest expense Net profits before taxes Less: Taxes (rate = 40%) Net profits after taxes 1.4 % 10.6 % 4.2 9 6.4 % Enter any number in the edit fields and then continue to the next question.