Required Prepare common site income statements for rental analys. Enter your answers in percentage terms, rounded to two decimal places, and if not include the big with your answer. For example, "1000" or 26.72". For those boxes in which underlying dollar sunt is shown as the mission. You do not need to include the actual total amounts shown above Couper Manufacturing Consolidated Income Statements 2023 2022 2021 Sales 140.67 X 111.39 X X Costs and expenses Cost of goods sold X Research and development X X x Selling ener, and administrative X X X Restructuring costs and other X X X X X Operating income X X X Interest and other income, net Income before income to X X Provision for income taxes X Net income X X Earnings per common and common the ES Sales Consolidated Income statements for Cooper Manufacturing follow. Cooper Manufacturing Consolidated Income Statements (in thousands except per share amounts) Three fiscal years ended December 31 2023 2022 2021 $10,088,322 $7,976,954 $7,211,542 Costs and expenses Cost of goods sold $6,844,915 $5,107,113 $3,978,989 Research and development 592,001 664,564 592,135 Selling, general, and administrative 1,384,111 1,550,857 1,617,770 Restructuring costs and other (126,855) 320,856 50,000 $8,694,172 $7,643,390 $6,238,894 Operating income $1,394,150 $333,564 $972,648 Interest and other income, net (21,988) 29,321 44,634 Income before income taxes $1,372,162 $362,885 $1,017,282 381,525 50,104 275,430 Provision for income taxes $990,637 $312,781 $741,852 Net Income $3.43 $1.18 $2.67 Earnings per common and common equivalent share Common and common equivalent shares used 288,740 264,985 278,110 norizontal Analysis of income Statements Consolidated Income statements for Cooper Manufacturing follow. Cooper Manufacturing Consolidated Income Statements (in thousands except per share amounts) Three fiscal years ended December 31 2023 2022 2021 Sales $10,088,322 $7,976,954 $7,211,542 Costs and expenses: Cost of goods sold $6,844,915 $5,107,113 $3,978,989 Research and development 592,001 664,564 592,135 Selling general, and administrative 1,384,111 1,550,857 1,617,770 Restructuring costs and other (126,855) 320,856 50,000 $8,694,172 $7,643,390 $6,238,894 Operating income 31,394,150 $333,564 $972,648 Interest and other income, net (21,988) 29,321 44,634 Income before income taxes $1,372,162 $362,885 $1,017,282 381,525 Provision for income taxes 50,104 275,430 $990,637 $312,781 Net Income $741,852 $3.43 $1.18 $2.67 Earnings per common and common equivalent share Common and common equivalent shares used 288,740 264,985 278,110 in the calculations of earnings per share This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answer in the question below Required: Prepare common size income statements for horizontal analysis. Enter your answers in percentage terms, rounded to two decimal places, and do not include the "%" sign with your answer. For example, "100.00" or "28.72". For those boxes in which underlying dollar amount is shown as negative, use a minus sign. You do not need to include the actual dollar amounts shown above Cooper Manufacturing Consolidated Income Statements 2023 2022 2021 Sales X% X% X Costs and expenses X% X% X X% Cost of goods sold Research and development Selling, general, and administrative Restructuring costs and other X X X% X X X X% X X Operating income X% X % Interest and other income, net X X % X% Income before income taxes X% X % X Provision for income taxes X9 X % X % Net income X% X % X% Earnings per common and common equivalent share X % X% X
