%252Fims Help A comparative income statement is given below for McKenzie Sales, Ltd., of Toronto Mckenzie Sales, Ltd. Comparative Income Statement This Year Sales $7,320,000 Cost of goods sold 4,730,000 Gross margin 2,590,000 Selling and administrative expenses: Selling expenses 1,389,000 Administrative expenses 709,500 Total expenses 2,098,500 Net operating income 491,500 105,000 Interest expense $ 386,500 Net Income before taxes Last Year $5,563,200 3,513,000 2,050,200 1,075,500 617,500 1,693,000 357,200 92,000 $ 265,200 Members of the company's board of directors are surprised to see that net income increased by only $121,300 when sales incaped by $1756 800 Required: Express each year's income statement in common-size percentages. (Round your percentage answers to decimal place fle 0.1234 should be entered as 12.3).) This Year Last Year Sales earch