Instructions Income Statement Final Question Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows Current Year Previous Year Sales $ 2,060,000 $3.000,000 1277 2001.644.000 Cost of goods sold 238,960 456,000 329,600 Administrative expenses 360,000 Income tax expense 123,600 150,000 A. Prepare an income statement in comparative form stating each item for both years as a percent of sales. Round your percentsges answers to one decimal place Enter all amounts as positive numbers B. Comment on the signiftcant changes disclosed by the comparative income statement come Enter all a Inc