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

	Tannenhill Company			Electronics Industry Average
Sales	$2,290,000			100	%
Cost of goods sold	1,213,700			57
Gross profit	$1,076,300			43	%
Selling expenses	$687,000			26	%
Administrative expenses	251,900			11
Total operating expenses	$938,900			37	%
Operating income	$137,400			6	%
Other income	45,800			2
	$183,200			8	%
Other expense	22,900			1
Income before income tax	$160,300			7	%
Income tax expense	68,700			3
Net income	$91,600			4	%

a. Prepare a common-sized income statement comparing the results of operations for Tannenhill Company with the industry average. If required, round percentages to one decimal place. Enter all amounts as positive numbers.

Common-Sized Income Statement For the Year Ended December 31 Tannenhill Company Amount Tannenhill Company Percent $2,290,000 1,213,700 1,076,300 $687,000 251,900 Electronics Industry Average 100.0% 57% 43% 26% 11% 37% 6% 2% 8% 1% 7% 3% 4% Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Operating income Other income 100 $938,900 $137,400 45,800 $183,200 22,900 $160,300 68,700 $91,600 Other expense Income before income tax Income tax expense Net income