QUESTION 5 Selected data from the financial statements of KRJ Manufacturing are presented below. On the company's common-sized income statement, what would be the amount (i.e., percentage) shown for cost of goods sold? Presenting your answer in percentage terms, rounded to one decimal place. e.g. 20.0%. Sales $147,864 Cost of goods sold $53,457 Salaries expense $8,634 Tax expense $6,688 Net income $14,677 Total liabilities $27,471 Total assets $56,063 Cash flow from operations $25,141 QUESTION 6 KRJ International just reported earnings before taxes of $100,000 and tax expense of $30,000, leaving net income of $70,000. During the year it sold a warehouse with a net book value of $4,068 for $12,817; the resulting gain or loss on the sale was included in the calculation of earnings before taxes. Recalculate the company's net income with the unusual gain or loss removed