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

McKenzie Sales, Ltd. Comparative Income Statement
	This Year			Last Year
Sales	$	7,370,000		$	5,601,200
Cost of goods sold		4,770,000			3,510,500
Gross margin		2,600,000			2,090,700
Selling and administrative expenses:
Selling expenses		1,380,000			1,076,000
Administrative expenses		703,500			617,500
Total expenses		2,083,500			1,693,500
Net operating income		516,500			397,200
Interest expense		102,000			85,000
Net income before taxes	$	414,500		$	312,200

Members of the companys board of directors are surprised to see that net income increased by only $102,300 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).)