Data Table B? EX Hooser Corporation Income Statement For the Years Ended December 31, 2017 and 2016 (amounts in thousands) 2017 2016 Sales revenues $ 460,000 $ 216,200 400,000 200,000 Less: Cost of goods sold Gross profit $ 243,800 $ 105,800 200,000 100,000 Less: Operating expenses Operating income $ 138,000 $ 9,525 100,000 6,000 Less: Interest expense Income before income taxes 128,475 $ 18,095 94,000 14,000 Less: Income tax expense Net income 110,380 $ 80,000 tw Print Done sa Prepare a comparative common-size income statement for Hooser Corporation. To an investor, how does 2017 compare with 2016? Explain your reasoning. (Click the icon to view the comparative income statement.) Start by calculating the percentages. (Round the percentages to two decimal places, X.XX.) Hooser Corporation Comparative Common-Size Income Statement For the Years Ended December 31, 2017 and 2016 2017 2016 Sales revenues 100.00% 100.00 % Less: Cost of goods sold % % Gross profit % % Loss: Operating expenses % Operating income % % Less: Interest expenso % % Income before income taxes % % % Less: Income tax expense % Not income % Now you are ready to compare the two years