Prepare an income statement and a common-sized income statement from the following information: Sales $645,000 Cost of goods sold $150,000 General and administrative expenses $79,000 Depreciation expenses $15,000 Interest expense $18,500 Income taxes $96,500 What percentage was net income of sales (i.e. what was the net profit margin)? Answer as a percentage with 2 decimals (ex. 12.46%).