Revenues COGS $5,000,000 $2,000,000 Gross Profits $3,000,000 Depreciation $500,000 EBIT $2,500,000 Interest $500,000 EBT $2,000,000 Taxes $500,000 Net Income $1,500,000 Refer to the income statement above. If we wish to convert the income statement to a common size income statement, what should be entered for revenues? a. 10 b. 50 C. 500 d. 100