Micatin Designs, Inc. Comparative Income Statement Years Ended December 31, 2018 and 2017 2018 2017 Net Sales Revenue $ 432,000 $375,000 Expenses: Cost of Goods Sold 201,000 186,250 Selling and Administrative Expenses 100,250 8,500 92,000 2,150 Other Expenses 309,750 Total Expenses 280,400 $ 122,250 $ 94,600 Net Income 1. Prepare a comparative common-size income statement for Mieatin Designs, Inc. using the 2018 and 2017 data. Round percentages to one-tenth percent 2. To an investor, how does 2018 compare with 2017? Explain your reasoning