Common-Size Income Statements Consider the following income statement data from the Ross Company: 2016 2015 $550,000 $450,000 336,000 279,000 05,000 99,000 Administrative expenses 60,000 50,000 7,800 5,400 Sales revenue Cost of goods sold Selling expenses Income tax expense a. Prepare common-size income statements for each year. (Round percentages to one decimal point.) ROSS COMPANY Common-Size Income Statements (Percent of Sales Revenue) 2016 2015 Sales Revenue Cost of Goods Sold Selling Expenses Administrative Expenses Total Income before Income Taxes