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

McKenzie Sales, Ltd. Comparative Income Statement
	This Year			Last Year
Sales	$	7,350,000		$	5,586,000
Cost of goods sold		4,600,000			3,513,500
Gross margin		2,750,000			2,072,500
Selling and administrative expenses:
Selling expenses		1,386,000			1,081,500
Administrative expenses		710,500			608,000
Total expenses		2,096,500			1,689,500
Net operating income		653,500			\383,000\
Interest expense		98,000			89,000
Net income before taxes	$	555,500		$	\294,000\

Members of the companys board of directors are surprised to see that net income increased by only $261,500 when sales increased by $1,764,000.

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).)

This Year Last Year 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 Net income before taxes