Ivanhoe Burgers operates and franchises fast-food restaurants specializing in grilled hamburgers and chicken sandwiches. The 2015 and 2016 income statements are as follows (in $000s); Year Ended December 31, 2016 December 31, 2015 $41,091 $40,363 Total revenues Expenses Cost of restaurant sales Restaurant operating expenses General and administrative Advertising Depreciation and amortization Impairment of long-lived assets Total expenses Operating income 11,142 16.916 6,828 2,553 2,220 1,000 40,659 $432 11.092 16.744 5.283 2,669 2,120 0 37.908 $2.455 (a) Prepare a common-size analysis of this section of Ivanhoe Burgers income statement. Your answers may not add perfectly due to sounding (Round answers to 1 decimal place, es. 50.2%) Prepare a common size analysis of this section of Ivanhoe Burgers income statement. Your answers may not add perfectly due to rounding. (Round answers to 1 decimal place, c.8. 50.2%) 2016 2015 Total Revenues 96 %6 Expenses Cost of restaurant sales % % % * Restaurant operating expenses General and administrative 96 % Advertising 90 % Depreciation and amortization 56 Impairment of long-lived assets 9 Total expenses 9 Operating income 9