E15-16 (similar to) Question Help Data for Mill Designs, Inc. follow: (Click the icon to view the data.) Read the requirements Requirement 1. Prepare a comparative common-size income statement for Mill Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. (Round the percentages to one-tenth percent, X.X%.) Mill Designs, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2018 A - X Requirements Data Table 2017 1. Prepare a comparative common-size income statement for Mill Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. 2. To an investor, how does 2018 compare with 2017? Explain your reasoning. Net Sales Revenue Expenses Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses Mill Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Print Done $ 432,000 $ 373,450 Net Income Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 203,000 100,250 8,350 311,600 120,400 $ 185,000 92,750 2,500 280,250 93,200 $ Net Income Print Done Enter any number in the edit fields and then click Check