A comparative income statement is given below for McKenzie Sales, Limited, of Toronto:

McKenzie Sales, Limited Comparative Income Statement This YearLast YearSales$ 7,370,000$ 5,601,200Cost of goods sold4,620,0003,511,000Gross margin2,750,0002,090,200Selling and administrative expenses: Selling expenses1,386,0001,075,500Administrative expenses708,000609,000Total expenses2,094,0001,684,500Net operating income656,000405,700Interest expense105,00091,000Net income before taxes$ 551,000$ 314,700

Members of the companys board of directors are surprised to see that net income increased by only $236,300 when sales increased by $1,768,800.

Required:

1. Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)