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Round your answers to the nearest whole percentage

Round your answers to the nearest whole percentage. Tannenhill Company Common-sized Income Statement For the Year Ended December 31 Tannenhill Tannenhill Electronics Company Company Industry Amount Percent Average Line Item Description Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Operating income Other revenue and expense: Other revenue Other expense Income before income tax expense Income tax expense Net income (640,000) $160,000 120,000 (80,000) $200,000 (80.000) $120,000 100% (60) (24) % (14) 3% 1%