Data Table Crew Low Cost . Le am Data Table - (Click on the icon tocated on the top-right comer of the datatable below in order to copy its contents into a spreadsheet.) Creek Enterprises Income Statement for the Year Ended December 31, 2018 Sales revenue ($35.048,000) Lose Cost of goods sold 662 Gross profits 33.8% Less: Operwing expenses Seling expense General and administrative expenses 65 Lease expense 06 Depreciation expense 3.5 Total operating expense Operating profits 1025 Less Interest expense 17 Net profits before taxes Less: Taxes (rate - 21%) 18 Net profits after the 67 Less: Preferred stock dividends 02 Earnings available for common stockholders 65% 855 Commonsie statement analysis Acommon-size income statement for Creek Enterprises 2018 operations follows using the firm's 2019 income statement develop the 2019 common-size income statement and compare to the 2018statement which areas require further analysis and investigation SD Complete the common size income statement for the year ending December 31, 2019 and compare it to the common-aize income statement for the year ending December 2018 (Round to one decimal place.) Creek Enterprises Common Sie Income Statement for the Year Ended December 31, 2018 and December 2010 2019 2018 Sales revenue 1000 Lese: Cost of goods sold 652 Grow profits 33.8 Los: Operating expenses Selling expense 130 General and administrative expenses 8.5 Lease expense 0.6 Depreciation expense Total operating expense Operating profits Les Interest expense Net profits before tas Less Tastrale-21) Net profiteres 675 Less Preferred stock dividende 0.2 Earnings avaliable for common stockholders 6.5% 3.5 23.6 10.25 85% Data Table Cack on the icon located on the top right comer of the data tuble below in order to copy is contents into a spreadshot) Creek Enterprises Income Statement for the Year Ended December 31, 2019 Sales revenue $20.000 Less Cost of goods sold 21.035,000 Gross profits $8.953,000 Less Operating expenses Selling expense $3.047.000 General and administrative expenses 1.816.000 Lease expense 243.000 Depreciation expense 962.000 Total operating expense 6.068.000 Operating profits $2.885.000 Less Interest expense 968,000 Net profits before taxes $1.917.000 Less:Taxes rate 21%) 402.570 Net profits after taxes $1.514.430 Less Preferred stock dividends 98.000 Earrings available for common stockholders $1.416,430 Print Done Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Creek Enterprises Income Statement for the Year Ended December 31, 2018 Sales revenue ($35,048,000) 100.0 % Less: Cost of goods sold 66.2 Gross profits 33.8 % Less: Operating expenses Selling expense 13.0 % General and administrative expenses 6.5 Lease expense 0.6 Depreciation expense 3.5 Total operating expense 23.6 Operating profits 10.2 % Less: Interest expense 1.7 Net profits before taxes 8.5 % Less: Taxes (rate=21%) 1.8 Net profits after taxes 6.7 % Less: Preferred stock dividends 0.2 Earnings available for common stockholders 6.5 % Print Done