Prepare a comparative common-size income statement for Enchanted Corporation To an investor how does 2017 compare with 2016? Explain your reasoning B (Click the icon to view the comparative income statement.) Start by calculating the percentages (Round the percentages to two decimal places XXX) Enchanted Corporation Comparative Common-Size Income Statement For the Years Ended December 31, 2017 and 2016 2017 2016 100.00 100.000 Sales revenues Loss Cost of goods sold Gross profit Less Operating expenses Operating income Lossnarest expense Income before income taxes Les income tax expanse Incor 0/2) Notcome Data Table $ Enchanted Corporation Income Statement For the Years Ended December 31, 2017 and 2016 (amounts in thousands) 2017 2016 Sales revenues 460,000 $ 400,000 216,200 Less: Cost of goods sold 200,000 Gross profit 243,800 $ 200,000 105,800 Less: Operating expenses 100,000 Operating income $ 138,000 $ 100,000 Less: Interest expense 9,525 6,000 Income before income taxes $ 128 475 $ 94,000 Less: Income tax expense 18,095 14.000 $ 110 380 $ 80.000 Net income $