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The following information was taken from the financial statements of Lawson Company: 2019 2018 Gross profit on sales Income before income taxes Net income $900,000 280,000 240,000 8 % $840,000 230,000 216,000 9 % Net income as a percentage of net sales Compute the net sales for each year. 2019 2018 Net Sales $ Compute the cost of goods sold in dollars and as a percentage of net sales for each year. 2019 2018 Cost of goods sold in dollars Cost of goods sold as a percentage of net sales % % Compute the cost of goods sold in dollars and as a percentage of net sales for each year. 2019 2018 Cost of goods sold in dollars Cost of goods sold as a percentage of net sales % % Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes other answers to 0 decimal places, e.g. 1,525.) 2019 2018 Operating expenses in dollars $ Operating expenses as a percentage of net sales % % Click if you would like to Show Work for this question: Open Show Work