The income statement comparison for Forklift Material Handling shows the income statement for the current and prior year. FORKLIFT MATERIAL HANDLING Income statement Comparison Current Year Prior Year (Amounts in thousands) Sales $33,700 $24,700 Cost of goods sold 21,905 16,796 Gross profit $11,795 $7,904 Expenses: Wages Utilities Repairs Selling Total Expenses $8,800 $6,189 650 200 168 325 505 100 $10,123 $6,814 Operating income ? ? Operating income % ? ? Total assets (investment base) $4,400 $1,400 ? ? ? ? Return on investment Residual income (8% cost of capital) A. Determine the operating income (loss) (dollars) for each year. If required round final answers to two decimal places. Current Year Prior Year Operating income (loss) B. Determine the operating income (loss) (percentage) for each year. If required round final answers to two decimal places. Current Year Prior Year Operating income (loss) % %