Mariner Designs, Inc.

Comparative Income Statement

Years Ended December 31, 2018 and 2017

2018 2017

Net Sales Revenue 432,550.00 372,000.00

Expenses:

Cost of Goods Sold 200,250.00 189,000.00

Selling and Administrative Expenses 98,000.00 95,000.00

Other Expenses 8,000.00 2,150.00

Total Expenses 306,250.00 286,150.00

Net Income 126,300.00 85,850.00

Requirement 1. Start a comparativecommon-size income statement for Mariner

Mariner Designs, Inc. using the 2018 and 2017 data. Round percentages toone-tenth percent. (Round the percentages toone-tenth percent,X.X%.)