1 Flag question Complete the common-size income statement for Mahogany Company for the current fiscal year. Mahogany Company Mahogany Company Income Statement Common-size Income Statement ($ millions] FYE June 30 Numerator + Denominator Sales revenue $40,000 Cost of goods sold 20,000 Gross profit 20,000 Selling, general, and administrative expenses 8,000 Depredation expense 1.000 Income from operations 11.000 Net other income (expenses) 500 T Income before income taxes 1 1.500 Provision for income taxes 2,300 Net Income $9.200