Data for Ramirez, Inc. and Bajo Corp. follow: View the data. Read the requirements. Requirement 1. Prepare common-size income statements. (Round your answers to one decimal place, X.X\%.) \begin{tabular}{|c|c|c|c|} \hline & \multicolumn{2}{|c|}{ Ramirez, Inc. } & \multirow{2}{*}{\begin{tabular}{r} Bajo Corp. \\ 25,000 \end{tabular}} \\ \hline Net Sales Revenue & $ & 10,000$ & \\ \hline Cost of Goods Sold & & 6,110 & 18,000 \\ \hline Other Expenses & & 3,270 & 5,675 \\ \hline Net Income & $ & 620$ & 1,325 \\ \hline \end{tabular} 1. Prepare common-size income statements. 2. Which company earns more net income? 3. Which company's net income is a higher percentage of its net sales revenue