We are being asked to compute percent of sales of revenue and expenses. Same with variances. Example what percent of revenue is sales? Same with expenses and variance.

Income Statement
For the month ended April 30
	$	$
Landscaping services Revenue		28,200
Less: Expenses
Rent Expenses	2,500
Utility Expenses	700
Dividends	3,000
Insurance Expenses	300
Lansdscaping Supplies Expenses	450
Advertising Expenses	500
Total Expenses		7,450
Net Income		20,750