!**** Data table (In millions) Clearview Alexandra $ 19,500 $ 7,000 Net sales Cost of goods sold Selling and administrative expenses 11,447 4,606 798 5,499 Interest expense 20 42 Other expenses 78 14 897 252 Income tax expense $ 1,559 $ 1,288 Net income Print Done Clearview Company and Alexandra Corporation are competitors. (Click the icon to view the income statements.) Compare the two companies by converting their condensed income statements to common-size statements. Which company earned more net income? Which company's net income was a higher percentage of its net sales? Explain your answer. Begin by converting the condensed income statements to common size. (Round your answers to the nearest one-tenth of a percent, X.X%. Do not enter the % symbol in any of the input fields.) (In millions) Clearview Alexandra Amount Percent Amount Percent $ 19,500 100 % $ 7,000 Net sales 100 % Cost of goods sold 11,447 58.6% 4,606 66.01 % Selling and administrative expenses 5,499 28.8 % 798 % Interest expense 20 % 42 % Other expenses 78 % 14 % 897 252 Income tax expense % % $ 1,559 $ 1,288 Net income % %