1. UU55 Pill perc g. Selling, general and administrative expenses percentage for 2014. h. Selling, general and administrative expenses percentage for 2015. i. Selling, general and administrative expenses percentage for 2016. j. Research and development percentage for 2014. k. Research and development percentage for 2015. 1. Research and development percentage for 2016. c_-1014 $ 226,000 Income tax expense Net income 3.13. Income statements for and 2014 are shown below. profitability of the company. statements for Yarrick Company for the years ending December 31, 2016, 2015, 4 are shown below. Prepare a common-size income statement and analyze the Yarrick Company Income Statements for the Years Ending December 31, 2016, 2015, and 2014 (in millions) Net sales Cost of goods sold Gross profit Sales, general, and administrative expenses Research and development Operating profit Income tax expense (benefit) Net profit 2016 $237 138 $ 99 42 38 $ 19 7 $ 12 2015 2014 $155 $134 84 72 $ 71 $ 62 31 39 33 54 $ 7 ($ 31) 2 (11) $ 5 ($ 20)