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The comparative income statement of Running Music Co. for the years ended December? 31, 2014 and 2013 is as? follows: Prepare a comparative? common-size income

The comparative income statement of Running Music Co. for the years ended December? 31, 2014 and 2013 is as? follows:

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Prepare a comparative? common-size income statement for Running Music? Co., rounding to four decimal places. ?(Round your answers to? one-hundredth of a? percent, X.XX%.)

Running Music Co Comparative Income Statements Years Ended December 31, 2014 and 2013 2014 2013 Total revenue 852,000 912,000 Expenses s 402,000 s 408,000 Cost of goods sold Selling and general expenses 232,000 262,000 9,200 10,500 Interest expense 84,000 83,000 Income tax expense 726,200 764,500 Total expenses 125,800 147,500 Net income

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