PLEASE USING THE INFO BELOW: Complete a$$ common$-$sized income statement for $2017$ AND $2018....$ After graduating from college in May $2018,$ Ryan Crews started his career in finance at the W&T Corporation, a small$-$ to medium$-$sized warehouse distributor in Nashville, Tennessee. The W and T Corporation

Income Statement $($$ thousands$)$ for the Years Ended $12/31/2017$ and

$\frac{12}{31}\frac{?}{2018}$ Question Viewer information:

W and T Corporation

Balance Sheet $($$ thousands$)$ for $12/31/2017$ and $12/31/2018$

company was founded by David Winston and Colin Tabor in $2005,$ after they have worked together in management at Walmart. Although Crews had an offer from Sam's Club, he became

excited about the opportunity with W&T$.$

For W&T$,2017$ turned out to be a good financial year. But in $2018,$ the company experienced a $5\mathrm{.}0$ percent sales reduction, where sales declined from $$5\mathrm{.}7$ million to $$5\mathrm{.}4$ million. The downturn

then led to other financial problems, including a $50$ percent reduction in the company's stock price. The share price went from $$38$ per share at the end of $2017$ to $$19$ per share at the end of

$2018!$

David Winston and Colin Tabor want to understand what may have happened.

$(2)$ Complete a common$-$sized income statement for $2017$ and $2018.($Round to one decimal place.$)$

Common$-$Sized Income Statement $($$ thousands$)$ for the Years Ended $12/31/2014$ and $12/31/2015$