QUESTION 2) (35 pts) Income statements for 2018 and 2019 of ABC Inc. are given below: a) Express the income statement information in common size percents for both 2018 and 2019. (20 pts) - Show calculations. b) Assess whether this company's situation is favourable or unfavourable. (15 pts, 75 words) Sales Cost of goods sold Gross profit Operating expenses Interest expense Net income 2019 2018 123,400 143,500 58,600 65,400 64,800 78,100 11,500 8,460 5,600 4,000 47,700 65.640