Question: Mariner Designs, Inc. has the following data: View the data. Requirements 1. Prepare a comparative common-size income statement for Mariner Designs, inc. using the 2025

Mariner Designs, Inc. has the following data: View the data. Requirements 1. Prepare a comparative common-size income statement for Mariner Designs, inc. using the 2025 and 2024 data. Round percentages to one-tenth percent. 2. To an investor, how does 2025 compare with 2024 ? Explain your reasoning. Requirement 1. Prepare a comparative common-size income statement for Mariner Designs, Inc. Designs, Inc. using the 2025 and 2024 data. Round percentages to one-tenth percent. (Round the percentages to one-tenth percent, XX.) \begin{tabular}{|c|c|c|c|} \hline \begin{tabular}{l} Mariner Desi \\ Comparative Inco \\ Years Ended December \end{tabular} & \begin{tabular}{l} Ite. \\ item \\ 25 \end{tabular} & \begin{tabular}{l} lent \\ and 2024 \end{tabular} & \\ \hline & & 2025 & 2024 \\ \hline Net Sales Revenue & $ & 428,950$ & 373,450 \\ \hline Expenses: & & & \\ \hline Cost of Goods Sold & & 203,000 & 190,450 \\ \hline Selling and Administrative Expenses & & 100,250 & 92,550 \\ \hline Other Expenses & & 9,000 & 5,000 \\ \hline Total Expenses & & 312,250 & 288,000 \\ \hline Net Income & $ & 116,700$ & 85,450 \\ \hline \end{tabular}
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