Question 1 : Income Statement: (please use the common size to analyze income statement)

Question 2 : Balance Sheet (Please use common analysis to analyze balance sheet.)

Egils Inc. Comparative Income Statement For the Years Ended December 31, 2010 and 2009 2010 2009 $126,200 2,426 $123,774 58,800 64,974 17,310 13,464 30,774 34,200 1000 $ 35,200 12,000 $23200 $100,000 2000 $98,000 50,000 $48,000 15,000 12,000 $27,000 $21,000 1,000 $ 22,000 6,000 $ 16,000 Sales returns and allowances . Income before income tax