Data for Verifine Designs, Inc. follow Click the icon to view the data) Read the requirements Requirement 1 Prepare a comparative common site income statement for Vorfine Designs, Inc. Using the 2024 and 2023 data Round percentages to one onth percent. (Round the percentages to on percent XX. Enter the percentages without thes. For example, enter 1.1 1.1.) Verifine Designs, Inc. Common-Size Income Statement Years Ended December 31, 2024 and 2023 2024% 2023 % X Net Sales Revenue Expanses Coat of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses Not Income % % 5 x Data Table Verifine Designs, Inc. Comparative Income Statement Years Ended December 31, 2024 and 2023 2024 2023 Net Sales Revenue $ 429,750 $ 371,000 204,000 190,000 Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses 97,450 9,150 92,000 3,250 310,600 285,250 Total Expenses $ 119,150 $ 85,750 Net Income Requirements nd al 20 1. Prepare a comparative common-size income statement for Verifine Designs, Inc, using the 2024 and 2023 data. Round percentages to one-tenth percent. 2. To an investor, how does 2024 compare with 2023? Explain your reasoning