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Given the following portion of the Income statement, construct a common size income statement from that portion. Includes calculations. $215,600 129,364 86,236 45,722 14,258 3,998

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Given the following portion of the Income statement, construct a common size income statement from that portion. Includes calculations. $215,600 129,364 86,236 45,722 14,258 3,998 3,015 Net Sales Cost of goods sold (Note A) Gross profit Selling and administrative expenses (Notes A and E) Advertising Depreciation and amortization (Note A) Repairs and maintenance Operating profit Other income (expense) Interest income Interest expense Earnings before income taxes Income taxes (Notes A and D) Net Earnings 19,243 422 (2,585) 17,080 7,686 $ 9,394

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