A comparative Income statement is given below for McKenzie Sales, Limited, of Toronto: Last Year $ 5,563,200 3,511,5ee 2,651,78e McKenzie Sales, Limited Comparative Income statement This Year Sales $ 7,320, cee Cost of goods sold 4,639,000 Gross margin 2,690,eee Selling and administrative expenses: Selling expenses 1,386,680 Administrative expenses 786,600 Total expenses 2,692,000 Net operating income 598,888 Interest expense 191,600 Net income before taxes $ 497,60 1,077,600 613,609 1,698,eee 361,750 87,699 $ 274,700 Members of the company's board of directors are surprised to see that net Income Increased by only $222,300 when sales increased by $1.756.800 Required: 1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place il.e., 0.1234 should be entered es 12.31.) This Year Last Year % % % 0.0 % 22 0.0 % Sales Cost of goods sold Gross margin Selling and administrative expenses: Selling expenses Administrative expenses Total selling and administrative expenses Net operating income Interest expense % % ** % 0.0 % 0.0% 0.0% 0.0% % Net income before taxes 0.0% 0.0 %