For Part A: % applicable to (traditional) operating income = 16%

% Sales revenue Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) Income before tax Income tax expense Net income Aspen Community Pharmacy Income Statements For the Year Ended June 30, 2021 Traditional Amount % $590,000 $365,800 $224,200 $129,800 $94,400 $17,700 $112,100 $29,500 $82,600 Specialty Amount $280,000 $154,000 $126,000 $56,000 $70,000 $30.800 $100,800 $22,400 $78,400 Part (a) Perform common sizing by completing the "%" columns above. Express each amount as a percentage of sales. Part (6) On a percentage basis, which segment is more profitable (based on net income)