Common-Size Statements (Alternate is 12-43.) Exhibit 12-19 contains slightly modified income statements and balance sheets of Minnesota Mining and Manufacturing Company (3M), a multinational company with sales of more than $16.3 billion. 1. Prepare common-size statements for 3M for 2001 and 2002. 2. Comment on the changes in component percentages from 2001 to 2002.