Common-Size Income Statements Consider the following income statement data from the Ross Company 2013 2012 Sales revenue $525,000 $450,000 Cost of goods sold 336,000 279.000 Selling expenses 106,000 100.000 Administrative expenses 61,000 55,000 Income tax expense 8.800 6,400 Prepare common-size income statements for each year. Note: Round answers to one decimal place (ex: 0.2345 - 23.596). ROSS COMPANY mon-Size Income Statement ercent of Sales Revenue) 2013 Sales Revenue Cost of Goods Sold Selling Expenses Administrative Expenses Income before Income Taces