Spring Co. Statement of Income For the Years Ended December 31 Sales revenue Cost of goods sold Operating expenses Interest expense Income tax expense Net Income 2021 2020 $ 500.000 $ 400,000 250,000 180,000 150,000 100,000 25,000 10,000 15,000 22,000 $ 60,000 $ 88,000 Required: 1. Prepare a common-size analysis for Spring Co. for 2021 and 2020 based on the above statements of income for both years. (4 marks) 2 Sally Springer is the owner of the company and she cannot understand why the profit in 2021 is lower than 2020 but the sales were higher in 2021. Indicate to Sally why this happened based on your answer to 1