Requirement 1. Prepare a comparative common-size income statement for McClane Designs, Inc. using the 2024 and 2023 data. Round percentages to one-tenth percent. (Round the percentages to one-tenth percent, X.X. Enter the percentages without the %. For example, enter 1.1% as 1.1.) X - Data Table McClane Designs, Inc. Common-Size Income Statement Years Ended December 31, 2024 and 2023 2024% 2023 % % % Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses McClane Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 % % 2023 % % $ 431,500 $ 374,000 % % Total Expenses % % Net Sales Revenue Expenses: Cost of Goods Sold Selling and Administrative Expenses 201,550 189,350 Net Income % 97,000 91,050 2,150 8,500 Other Expenses Total Expenses 307,050 282,550 $ 124,450 $ Net Income 91,450 Enter any number in the edit fields and then click Check Answer. Print Done - part Cloor All Chool Anuar