16-7k Financial Statement Analysis Make a Decision MAD 16-1 Analyze and Compare Amazon.com, Best Buy, and Walmart Obj. 2 The condensed income statements through operating income for Amazon.com, Inc. (AMZN), Best Buy Co., Inc. (BBY), and Walmart Inc. (WMT) for a recent fiscal year follow (in millions): Amazon Best Buy Walmart Sales Cost of sales $280,522 $ 43,638 $523,964 (165,536) (33,590) (394,605) Gross profit $114,986 $ 10,048 $129,359 Selling, general, and administrative expenses (100,244) Operating expenses (201) (7,998) (41) (108,791) 0 Operating Income $ 14,541 $ 2,009 $ 20,568 1. Prepare comparative common-sized income statements for each company. Round percentages to one decimal 2. place. Use the common-sized analysis to compare the financial performance of the three companies.