QUESTION 10 11 points Use the following income statement information to calculate common-size percentages (round to nearest whole percent). Comment on the results. ABC Corp. Comparative Income Statements For Years Ended December 31, 2021 and 2020 Sales Cost of goods sold Gross profit Operating Expense Net income W 2021 $1,400,000 2020 $1,200,000 910,000 770,000 $490,000 $430,000 385,000 340,000 $105,000 $90,000 Save Answer