The following percentages apply to Benson Company for 2018 and 2019 Sales Cost of goods sold Gross margin Selling and administrative expense Interest expense Total expenses Income before taxes Income tax expense Net income 2019 100.0% 60.8 39.2 26.6 2.4 29.0 19.2 5.3 4.9% 2018 100.0% 63.9 36.1 20.5 1.9 22.4 13.7 6.9 6.8% Required Assuming that sales were $520,000 in 2018 and $585,000 in 2019. prepare income statements for the two years. BENSON COMPANY Income Statements 2019 2018 Sales Cost of goods sold Gross margin Seling and administrative expenses Interest expense Total expenses 0 0 Income before taxes Income tax expense Net income 50 SD