Prepare a comparative common-size income statement for Hooser Corporation. To an investor, how does 2017 compare with 2016? Explain your reasoning. EEB (Click the icon to view the comparative income statement.) Data Table Start by calculating the percentages. (Round the percentages to two decimal places, X.XX.) Hooser Corporation Comparative Common-Size Income Statement For the Years Ended December 31, 2017 and 2016 Hooser Corporation Income Statement For the Years Ended December 31, 2017 and 2016 2017 2016 (amounts in thousands) 100.00 % 100.00 % Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes Less: Income tax expense Net income 2017 2016 S 465,550 S404,000 205,000 S 243,740 S 199,000 102,055 $ 135,965 S96,945 8,040 S 124,419 S88,905 13,980 S 105,517 S74,925 Sales revenues Less: Cost of goods sold Gross profit Less: Operating expenses Operating income Less: Interest expense Income before income taxes Less: Income tax expense Net income 221,810 107,775 )% 11,546 18,902 Enter any number in the edit fields and then click Check Answer. Print Done Clear Al remaining