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Chipotle Mexican Grill began with a single location in 1993 and now operates more than 2,450 restaurants. Adapted versions of the company's income statements (in

Chipotle Mexican Grill began with a single location in 1993 and now operates more than 2,450 restaurants. Adapted versions of the company's income statements (in $000s) are as follows:

2017 2016
Revenue $4,476,412 $3,904,384
Restaurant operating costs
Food, beverage, and packaging 1,535,428 1,365,580
Labor 1,205,992 1,105,001
Occupancy 327,132 293,636
Other operating costs 651,644 641,953
General and administrative expenses 296,388 276,240
Depreciation and amortization 163,348 146,368
Pre-opening costs 12,341 17,162
Loss on disposal of assets 13,345 23,877
Total operating expenses 4,205,618 3,869,817
Income from operations 270,794 34,567
Interest and other income (expense), net 4,949 4,172
Income before income taxes 275,743 38,739
Provision for income taxes 99,490 15,801
Net income $176,253 $22,938

Put together a common-size income statement for each year. (Round answers to 1 decimal place, e.g. 50.1%.)

2017 2016
Revenue enter percentages % enter percentages %
Restaurant operating costs
Food, beverage, and packaging enter percentages % enter percentages %
Labor enter percentages % enter percentages %
Occupancy enter percentages % enter percentages %
Other operating costs enter percentages % enter percentages %
General and administrative expenses enter percentages % enter percentages %
Depreciation and amortization enter percentages % enter percentages %
Pre-opening costs enter percentages % enter percentages %
Loss on disposal of assets enter percentages % enter percentages %
Total operating expenses enter percentages % enter percentages %
Income from operations enter percentages % enter percentages %
Interest and other income (expense), net enter percentages % enter percentages %
Income before income taxes enter percentages % enter percentages %
Provision for income taxes enter percentages % enter percentages %
Net income enter percentages % enter percentages %

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