The following information was taken from the financial statements of Lawson Company:

		2019			2018
Gross profit on sales		$900,000			$840,000
Income before income taxes		280,000			230,000
Net income		240,000			216,000
Net income as a percentage of net sales		8	%		9	%

Compute the net sales for each year.

		2019		2018
Net Sales		$		$

Compute the cost of goods sold in dollars and as a percentage of net sales for each year.

		2019			2018
Cost of goods sold in dollars		$			$
Cost of goods sold as a percentage of net sales			%			%

Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes are not operating expenses). (Round percentages to 1 decimal place, e.g. 15.2% and all other answers to 0 decimal places, e.g. 1,525.)

		2019			2018
Operating expenses in dollars		$			$
Operating expenses as a percentage of net sales			%			%