Revenue and expense data for Reuters Company are as follows:

	2017		2016
Administrative expenses	$24,750		$18,000
Cost of goods sold	500,000		375,000
Income tax expense	11,600		12,000
Net sales	750,000		600,000
Selling expenses	182,250		154,800

Prepare a comparative income statement, with vertical analysis, stating each item for both 2017 and 2016 as a percent of sales. Round percentage values to one decimal place and state as a whole number. Do not enter the percent sign. (For example, enter .9569 as "95.7").

Reuters Company
Comparative Income Statement
For Years Ended December 31, 2017 and 2016
	2017 Amount	2017 Percent (%)	2016 Amount	2016 Percent (%)
Net sales	$		$
Cost of goods sold
Gross profit	$		$
Selling expenses	$		$
Administrative expenses
Total operating expenses	$		$
Income before income tax	$		$
Income tax expense
Net income	$		$