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

McKenzie Sales, Ltd. Comparative Income Statement
	This Year			Last Year
Sales	$	7,320,000		$	5,563,200
Cost of goods sold		4,660,000			3,510,500
Gross margin		2,660,000			2,052,700
Selling and administrative expenses:
Selling expenses		1,383,000			1,072,500
Administrative expenses		704,000			613,500
Total expenses		2,087,000			1,686,000
Net operating income		573,000			366,700
Interest expense		105,000			84,000
Net income before taxes	$	468,000		$	282,700

Members of the companys board of directors are surprised to see that net income increased by only $185,300 when sales increased by $1,756,800.

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).)

	This Year		Last Year
Sales		%		%
Cost of goods sold		%		%
Gross margin	0.0	%	0.0	%
Selling and administrative expenses:
Selling expenses		%		%
Administrative expenses		%		%
Total selling and administrative expenses	0.0	%	0.0	%
Net operating income	0.0	%	0.0	%
Interest expense		%		%
Net income before taxes	0.0	%	0.0	%