Kellogg Company (K)produces, markets, and distributes cereal and food products including Cheez-It, Coco Pops, Rice Krispies, and Pringles. The following partial income statements (in millions) were adapted from recent financial statements.

Year 1Year 2Sales$14,792$14,580Cost of goods sold(8,689)(9,517)Gross profit$ 6,103$ 5,063Selling and administrative expenses(3,266)(4,039)Operating income$ 2,837$ 1,024

1.Prepare common-sized income statements for Years 1 and 2. Round your answers to one decimal place. If an amount is zero, enter "0".

Kellogg CompanyCommon-Sized Income StatementYear 1 and 2Year 1Year 2Increase (Decrease)Sales%%%Cost of goods soldGross profit%%%Selling and administrative expenses%%%Operating income%%%