Data for Verifine Designs, Inc follow EEB (Click the icon to view the data) Read the raquiramants Data Table Verifine Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 Requirement 1. Prepare a comparative common-slze income statement for Venfine Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. (R Verifine Designs, Inc. Common-Size Income Statement Years Ended December 31, 2018 and 2017 2010 2017 Net Sales Revenue $ 428,950 $374,000 2018 2017 Requirements Expenses: Cost of Goods Sold Selling and Administrative Expenses Other Expenses Total Expenses 203,000 190,000 95,000 ,000 305,000 287,000 $ 123,950 87,000 Net Sales Revenue Expenses: 1. Prepare a comparative common-size income statement for Verifine Designs Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent. To an investor, how does 2018 compare with 2017? Explain your reasoning 5,450 Cost of Goods Sold Seling and Administrative Expenses Other Expenses Total Expenses 2. Net Income PrintDone Print Done Net Income Requirement 2. To an investor, how does 2018 compare with 2017? Explain your reasoning An investor would be revenues. Overall, profits are 1 with 2018 in comparison with 2017. Cost of goods sold and selling and general expenses-the two largest expenses-consumed Vpercentages of net revenue in 2018 and net income represents a percentage of