Construct Common Size Income Statements for 20X1, 20X2, and 20X3.Analyze the trend in each line.What appears to be happening?(Hints: Think in terms of both dollars and percentages.As the company grows, the absolute dollars of cost and expense spending go up.What does it mean if the percentage of revenue represented by the expenditure increases as well?How much of an increase in spending do you think a department could manage efficiently?Could pricing of Florida Tech Company products have any effect?