Exercise 3-18 Using common size statements and ratios to make comparisons LO 3-5 At the end of 2014 the following information is available for Fargo and Huston companies: Fargo Huston Sales $3,010,000 S4,420,000 1.940,000 800.000 880,000 760,000 Cost of goods sold Operating expenses 3,770,000 Total assets 1,970,000 Stockholders' equity 1.140.000 1,530,000 Required a. Prepare common size income statements for each company. (Round your percentage answers to the nearest whole percent (i.e., 0.123 should be considered as 12%.) Common Size Income Statements Fargo Huston