Problem 1. Common-size percentages are often used to compare the statements of companies of unequal size. The condensed income ste below. Enter in the spaces provided the amounts expressed in common-size percentages. Company A and Company B Income Statements for Year Ended December 31, 2007 Dollar Amounts Company A Company B Sales $450,000 $525,000 Cost of goods sold 261,000 210,000 Gross margin $189,000 $315,000 Selling expenses $81,000 $89 250 Administrative expenses 45,000 52 500 Total operating expenses 5126,000 $141 750 Income $63,000 $173 250 2. After expressing the amounts of the income statements in common-size percentages, examine them and nome the company to