Revenue and expense data for the current calendar year for Tannenhill Company and for the electronics industry are as follows. The Tannenhills data are expressed in dollars. The electronics industry averages are expressed in percentages.

1		Tannenhill Company	Electronics Industry Average
2	Sales	$4,000,000.00	100.0%
3	Cost of goods sold	2,120,000.00	60.0
4	Gross profit	$1,880,000.00	40.0%
5	Selling expenses	$1,080,000.00	24.0%
6	Administrative expenses	640,000.00	14.0
7	Total operating expenses	$1,720,000.00	38.0%
8	Operating income	$160,000.00	2.0%
9	Other income	120,000.00	3.0
10		$280,000.00	5.0%
11	Other expense	80,000.00	2.0
12	Income before income tax	$200,000.00	3.0%
13	Income tax expense	80,000.00	2.0
14	Net income	$120,000.00	1.0%

A.	Prepare a common-sized income statement comparing the results of operations for Tannenhill Company with the industry average. Enter all amounts as positive numbers.
B.	As far as the data permit, comment on significant relationships revealed by the comparisons.