Key Financial Data 
Income Statement,Dreamscape,Inc.
For the Year Ended December 31,2020 
Prepare a common-size income statement for Dreamscape,Inc.for the year ended December 31,2020.Evaluate the company's performance against industry average ratios and against last year's results.
Definitions:
Social Context
Refers to the immediate physical, social, and cultural settings in which people live or in which something happens or develops.
Recreational Use
The use of substances or participation in activities for enjoyment, relaxation, or leisure, rather than for medical, professional, or survival purposes.
Labeling Theory
A sociological perspective that suggests individuals become deviant due to labels assigned to them by society.
Labeled As Deviant
The process of being marked by society as violating norms and engaging in behavior considered unacceptable.
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