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3. The comparative income statement of O'Neil Music Co. for the years ended December 31, 2018 and 2017 is as follows: (Click the loon to view the comparative income statement.) Requirement 1. Prepare a comparative common-size income statement for O'Neil Music Co. (Round your answers to one-hundredth of a percent, X.XX%) % % O'Neil Music Co. Comparative Common-Size Income Statements Years Ended December 31, 2018 and 2017 2018 2017 Total revenue Expenses: Cost of goods sold % Selling and general expenses Interest expense Income tax expense % Total expenses Net income 3: Data Table O'Neil Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 2017 $ 836,000 $ 938,000 Total revenue Expenses: Cost of goods sold 408,000 $ 409,350 Selling and general expenses 238,000 261,000 Interest expense 9.500 14.000 79,000 85,750 Income tax expense 734,500 770,100 Total expenses 101,500 $ 167,900 Net income