A B D E F 5Q8: BDC Inc. reported for the following Income Statement for the year ended December 31. Calculate the common-size percents and analyze this financial statement. H 8 9 0 BDC Inc. Income Statement For Year Ending December 31 1 Sales Revenue $320,000 32 Cost of Goods Sold 155,360 B3 Gross Profit 164,640 34 Selling expenses 65,570 35 Admin expenses 70.460 36 Total Operating Expenses 136,030 37 Net Income $28.610 38 39 140 b. Explain what you learn specifically about this company using your analysis. 741 142 Poin Poin 143 A