Question: Net sales$ 9 4 5 , 0 0 0 % Percent$ 7 4 5 , 0 0 0 % Cost of goods sold 5 7

Net sales$945,000%Percent$745,000%Cost of goods sold579,285%458,920Gross profit365,715%286,080Selling expenses%Administrative expenses149,31088,830%%99,085%69,285%Total operating expenses238,140%168,370Income before income taxes127,575%117,710%Income tax expense.51,030%47,084%Net income$76,545%$70,626%
Net sales$945,000%Percent$745,000%Cost of goods sold579,285%458,920Gross profit365,715%286,080Selling expenses%Administrative expenses149,31088,830%%99,085%69,285%Total operating expenses238,140%168,370Income before

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