At the end of Year 5 the following information is available for Billings and Phoenix companies: Sales Cost of goods sold Operating expenses Total assets Stockholders' equity Billings $ 958,000 644,000 234,000 1,380,000 324,000 Phoenix $1,154,240 I 729,000 330,620 1,490,000 314,000 Required a. Prepare common size income statements for each company. b. One company is a high-end retailer, and the other operates a discount store. Which is the discounter? Complete this question by entering your answers in the tabs below. Required A Required B One company is a high-end retailer, and the other operates a discount store. Which is the discounter? Which is the discounter?