The following financial statement is taken from the records of Jade Inc. Prepare a common-size income statement for 2020 and state all the income statement items as a percentage of sales. Do not enter dollar signs or commas in the input boxes. Round your answers to 2 decimal places Jade Inc. Income Statement For the Year Ended September 30 2020 Percentage Sales $369,600 100 Cost of Goods Sold $203,280 55.00 Gross Profit $166,320 45.00 96 Operating Expenses: Advertising $3,000 0.81 96 Depreciation $1,090 Rent Expense $4,000 96 Salaries and Wages $41.200 96 Utilities $9,000 96 Total Operating Expenses $58,290 96 Other Expenses Other Expenses Interest $2,320 Operating Profit before tax $55,970 % 200 % Income Tax $16,790 80 % Net Income $39,179 %