Korrey Corroany and Louisa Corporaton are compettos. III (Cidk the icon to view the income statemenis) Compare the two corrpanies by converting their condensed income statements to commonsize statements. Which company eamed more net income? Which company's net income was a higher perzentage of its net sales? Expain yeur answer. Begin by converting the condened income statements to common stee. (Round your answers to the necest one-tenth Y a percore, x8 Do not enter the % symbol in any of the ingut fellds) On milions) Net saves Cost of goods sold Selling and administrative expenses Interest expense Other expenses Income tax expense Net income