Help with 1 and 2 please

Chapter 2 Basic Accounting Systems: Cash Basis MBA 2-6 Common-sized income statements Kellogg Company (K) produces, markets, and distributes cereal and food products, including Cheez-It, Coco Pops, Rice Krispies, and Pringles. The following partial income statements Gin millions) were adapted from recent financial statements, Year 1 Year 2 Sales.. Cost of goods sold ....... Gross profit ......... Selling and administrative expenses Operating income..... $14,792 (8,689) $ 6,103 (3.266) $ 2,837 $14,580 (9,517) $ 5,063 (4,039) $ 1,024 1. Prepare common-sized income statements for Years 1 and 2. Round to one decimal place. 2. Using your answer to (1), analyze the performance of Kellogs in Year 2