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

McKenzie Sales, Ltd. Comparative Income Statement
	This Year			Last Year
Sales	$	7,390,000		$	5,616,400
Cost of goods sold		4,770,000			3,506,500
Gross margin		2,620,000			2,109,900
Selling and administrative expenses:
Selling expenses		1,384,000			1,078,500
Administrative expenses		708,500			614,000
Total expenses		2,092,500			1,692,500
Net operating income		527,500			\417,400\
Interest expense		104,000			87,000
Net income before taxes	$	423,500		$	\330,400\

Members of the companys board of directors are surprised to see that net income increased by only $93,100 when sales increased by $1,773,600.

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 YearLast YearSales%%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%%