Question: please help! Exercise 14-1 (Algo) Common-Size Income Statement [LO14-1] A comparative income statement is given below for McKenze Sales, Limited, of Toronto: Members of the

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please help! Exercise 14-1 (Algo) Common-Size Income Statement [LO14-1] A comparative income

Exercise 14-1 (Algo) Common-Size Income Statement [LO14-1] A comparative income statement is given below for McKenze Sales, Limited, of Toronto: Members of the comparyys board of directors are surpnsed to see that ner income increased by only 5177.500 when sales increased by $176,000 Required: 1. Express each years income statement in common-size percentages. (Round your percentsge enswers to 1 decimal place (Le., 0.1234 should be entered os 12.31 )

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