Revenue and expense data for the current calendar year for Tannenhill Company and for the electronics industry are as follows. Tannenhill's data are expressed in dollars. The electronics Industry averages are expressed in percentages. Tannenhill Company Sales $4,000,000 Cost of goods sold 2,120,000 Gross profit $1,880,000 Selling expenses $1,080,000 Administrative expenses 640,000 Total operating expenses $1,720,000 Operating income $160,000 Other income 120,000 $280,000 Other expense 80,000 Income before income tax $200,000 Income tax expense 80,000 Net Income $120,000 Electronics Industry Average 100.0 % 60.0 40.0 % 24.0% 14.0 38.0% 2.0 % 3.0 5.0 % 2.0 3.0 % 2.0 1.096 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