A comparative income statement is given below for Ryder Company:

Ryder Company Comparative Income Statement
	This Year			Last Year
Sales	$	5,000,000		$	4,000,000
Cost of goods sold		3,160,000			2,400,000
Gross margin		1,840,000			1,600,000
Selling and administrative expenses:
Selling expenses		900,000			700,000
Administrative expenses		680,000			584,000
Total selling and administrative expenses		1,580,000			1,284,000
Net operating income		260,000			316,000
Interest expense		70,000			40,000
Net income before taxes	$	190,000		$	276,000

The president is concerned that net income is down even though sales have increased during the year. The president is also concerned that administrative expenses have increased because the company made a concerted effort to cut waste out of the organization.

Required:
1.	Express each year's income statement in common-size percentages