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 $2,680,000 Cost of goods sold 1,420,400 Electronics Industry Average 100 % 57 Gross profit $1,259,600 43 % Selling expenses $804,000 26 % Administrative expenses 294,800 11 Total operating expenses $1,098,800 37 % Operating income $160,800 6 % Other income 53,600 2 $214,400 8 % Other expense 26,800 1 Income before income tax $187,600 7 % 80,400 $107,200 5 2 % Income tax expense Net income 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.