Question: Data for McCormick Designs, Inc. follow: ( Click the icon to view the data. ) ad the requirements. McCormick Designs, Inc. Common - Size Income

Data for McCormick Designs, Inc. follow:
(Click the icon to view the data.)
ad the requirements.
McCormick Designs, Inc.
Common-Size Income Statement
Years Ended December 31,2024 and 2023
2024%
2023%
Net Sales Revenue
%
100
Expenses:
Cost of Goods Sold %%
Selling and Administrative Expenses %%
Other Expenses %%
Total Expenses %%
Net Income %%
\table[[\table[[McCormick Designs, Inc.],[Comparative Income Statement],[Years Ended December 31,2024 and 2023]]],[,,2024,2023],[Net Sales Revenue,$,429,750$,374,000],[Expenses:],[Cost of Goods Sold,,201,000,188,750],[Selling and Administrative Expenses,,96,000,92,000],[Other Expenses,,7,000,5,000],[Total Expenses,,304,000,285,750],[Net Income,$,125,750=?$,88,250]]
 Data for McCormick Designs, Inc. follow: (Click the icon to view

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