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The comparative income statement of McMahon Music Co. for the years ended December 31, 2018 and 2017 is as follows: (Click the icon to view the comparative income statement) Requirement 1. Propare a comparative common size Income statement for McMahon Music Data table McMahon Music Co. Comparative Common-Size Income Statements Years Ended December 31, 2018 and 2017 McMahon Music Co. 2018 2017 % 2017 934.000 % 90 Total revenue Expenses: Cost of goods sold Selling and general expenses Interest expense Income tax expense % % Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 Total revenue $ 844,000 $ Expenses: of goods sold $ 404,000 $ Selling and general expenses 234,000 Interest expense 9,300 Income tax expense 84,000 Total expenses 731,300 $ 112,700 $ Net Income % 400,000 286,000 % 12,000 86,000 Total expenses % 764,000 Net Income % 90 170,000 Print Done