Income statements for Yarrick Company for the years ending December 32,2016, 2015, and 2014 are shown below. Prepare a common-size income statement and analyze the profitability of the company.

Yarrick Company Income Statements for the Years
Ending Decemeber 31, 2016, 2015, and 2014
(in millions)	2016	2015	2014
Net Sales	$237	$155	$134
Cost of Goods Sold	$138	$84	$72
Gross Profit	$99	$71	$62
Sales, General, and Administrative Exp.	$42	$31	$39
Research and Development	$38	$33	$54
Operating Profit	$19	$7	($31)
Income Tax Exp. (benefit)	$7	$2	($11)
Net Profit	$12	$5	($20)