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A comparative income statement is given below for McKenzle Sales, Limited, of Toronto: Members of the company's board of directors are surprised to see that

A comparative income statement is given below for McKenzle Sales, Limited, of Toronto:
Members of the company's board of directors are surprised to see that net income increased by only $229,000 when sales increased
by $1,764,000.
Required:
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 123).)
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