Pro Forma Income Statement for Porcupine Scooters, Inc. (in thousands) Year 1 Year 2 Year 3 Sales $ 100 $ 150 $ Cost of Goods Sold $ 60 $ 75 $ Gross Profit $ 40 $ 75 $ General and Administrative Expenses $ 80 $ 80 $ Operating Income (40) $ (5) $ 300 120 180 100 80 Examine the pro forma statement above for Porcupine Scooters, Inc. What is the Gross Margin percentage projected to be in each year