The comparative income statement of Norman Music Co. for the years ended December 31, 2018 and 2017 is as follows: Click the icon to view the comparative income statement.) Requirement 1. Prepare a comparative common-size income statement for Norman Music Co. (Round your answers to one-hundredth of a percent, XXX%). a d! Norman Music Co. Comparative Common-Size Income Statements Years Ended December 31, 2018 and 2017 2018 2017 % % % % Total revenue Expenses: Cost of goods sold Selling and general expenses Interest expenso Income tax expense % % % % % % Total expenses % % Net income % % di Data table Norman Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 $ 1,080,000 $ 2017 919,000 Total revenue $ $ Expenses: Cost of goods sold Selling and general expenses Interest expense 400,450 260,000 479,000 $ 289,000 24,500 106,500 14,500 Income tax expense 86,850 Total expenses 899,000 761,800 $ Net income 181,000 $ 157,200