A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto McKenzie Sales, Ltd Comparative Income Statement This Year Last Year $7,380,000 $5,608,800 4,680,000 3,506,500 Sales Cost of goods sold Gross margin Selling and administrative expenses 2,700,000 2,102,300 Selling expenses 1,398,000 1,073,500 704,000 Administrative expenses Total expenses Net operating income 617,000 2,102,000 1,690,500 411,800 598,000 99,000 Interest expense 89,000 Net income before taxes $ 499,000 $ 322,800 Members of the company's board of directors are surprised to see that net income increased by only $176,200 when sales increased by $1,771,200 Required: 1. Express each years income statement in common-Size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)