Prepare a comparative common size income statement for McCormick Music Ltd, rounding percentages to one-tenth percent (Click the icon to review data from the comparative income statement) (Enter the percentage changes as a percent, rounded to one decimal place, XX%) McCormick Music L Comparative Common Size income Statement For the Years Ended December 31, 2020, and 2019 Total revenue Expenses Cost of goods sold Selling and general expenses Interest expense Income tax Total expenses Net income 2020 % of total 4 Comparative income statement McCormick Music Ltd. Comparative Income Statement For the Years Ended December 31, 2020, and 2019 2019% of total 2020 2019 S 295,000 $ 420.000 Total revenue Expenses % Cost of goods sold $ 151,000 S 190,000 % Selling and general expenses 94.500 85.500 Interest expense 4,000 14,000 Income tax expense 36.500 44,000 316.000 341.500 Total expenses $ 03.000 $ 86.500 Net income Print Done