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Problem 12-19 (Static) Quality Cost Report [LO12-2] In response to intense foreign competition, Florex Company has taken steps to improve the quality of its products. A summary of its quality costs (in thousands) over the past two years is given below: Sales have been flat over the past few years, at $75,000,000 per year. Required: 1. Prepare a quality cost report for this year and last year. Note: Enter amount values in thousands. Round your percentage answers to 2 decimal places (i.e 0.1234 should be entered as 12.34). \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Florex Company } \\ \hline \multicolumn{5}{|c|}{ Quality Cost Report } \\ \hline & \multicolumn{2}{|c|}{ Last Year } & \multicolumn{2}{|c|}{ This Year } \\ \hline & \begin{tabular}{l} Amount (in \\ thousands) \end{tabular} & \begin{tabular}{l} Percent of \\ Sales \end{tabular} & \begin{tabular}{l} Amount (in \\ thousands) \end{tabular} & \begin{tabular}{c} Percent of \\ Sales \end{tabular} \\ \hline \multicolumn{5}{|l|}{ Prevention costs: } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total prevention costs } \\ \hline \multicolumn{5}{|l|}{ Appraisal costs } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total appraisal costs } \\ \hline \multicolumn{5}{|l|}{ Internal failure costs: } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total internal failure costs } \\ \hline \multicolumn{5}{|l|}{ External failure costs: } \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \multicolumn{5}{|l|}{ Total external failure costs } \\ \hline Total quality cost & & & & \\ \hline \end{tabular}