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  3. the comparative income statement of o'shea music c

The comparative income statement of O'Shea Music Co. for the years ended December 31, 2018...

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The comparative income statement of O'Shea Music Co. for the years ended December 31, 2018 and 2017 is as follows: (Click the icon to view the comparative income statement.) i Data Table Requirement 1. Prepare a comparative common-size income statement for O'Shea Music Co. (Round your answers to one-hundredth of a percent, O'Shea Music Co. Comparative Common-Size Income Statements Years Ended December 31, 2018 and 2017 O'Shea Music Co. Comparative Income Statements Years Ended December 31, 2018 and 2017 2018 $ 1,077,000 $ Total revenue 2018 2017 2017 917,000 Expenses: Total revenue Expenses: Cost of goods sold Selling and general expenses Cost of goods sold Selling and general expenses Interest expense 477,000 $ 287,000 23,500 105,500 408,750 268,000 13,500 84,650 Interest expense Income tax expense Income tax expense 893,000 774,900 Total expenses Total expenses $ 184,000 $ 142,100 Net income Net income Print Done

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