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 143,500 123,400 65.400 58.600 78,100 64,800 8,460 11.500 3.400 5.600 66.240 47.700