A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto:

McKenzie Sales, Ltd. Comparative Income Statement
	This Year			Last Year
Sales	$	7,310,000		$	5,555,600
Cost of goods sold		4,770,000			3,513,500
Gross margin		2,540,000			2,042,100
Selling and administrative expenses:
Selling expenses		1,390,000			1,074,000
Administrative expenses		707,000			615,000
Total expenses		2,097,000			1,689,000
Net operating income		443,000			353,100
Interest expense		96,000			88,000
Net income before taxes	$	347,000		$	265,100
Members of the companys board of directors are surprised to see that net income increased by only $81,900 when sales increased by $1,754,400. Required: 1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Members of the companys board of directors are surprised to see that net income increased by only $81,900 when sales increased by $1,754,400.