Question: A comparative income statement is given below for McKenzle Sales, Limited, of Toronto: Members of the company's board of directors are surprised to see that

A comparative income statement is given below for McKenzle Sales, Limited, of Toronto:
Members of the company's board of directors are surprised to see that net income increased by only $161,100 when sales increased by $1,761,600.
Required:
Express each year's income statement in common-size percentages. (Round your percentage answers to 1 decimal place (l.e.,0.1234 should be entered as 12.3).
\table[[,This Year,,Last Y
 A comparative income statement is given below for McKenzle Sales, Limited,

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