Sunny Day Designs Income Statement For the Years Ended December 31, 2020 and 2019 (amounts in thousands) 2020 2019 Sales revenues $574,000 $491,000 Less: Cost of goods sold 267,000 249,500 Gross profit $307,000 $241,500 Less: Operating expenses 145,500 144,000 Operating income $161,500 $97,500 Less: Interest expense 9,750 4,250 Income before income taxes $151,750 $93,250 Less: Income tax expense 17,750 16,750 Net income $134,000 $76,500 Requirements 1. Prepare a comparative common-size income statement for Mariner Designs.