Prepare a comparative common-size income statement for Clarion, Inc. for 2019 and 2018 data. (Round percentages to one decimal place.)

Clarion, Inc.

Comparative Income Statement

Years Ended December 31, 2019 and 2018

	2019	2018
Net sales	6355	4290
COGS	3370	2200
Gross Profit	2985	2720
Operating expenses:
Selling	675	580
Administrative	410	425
Total operating expenses	1085	1005
Operating income	1900	1715
Other income and (expense)
Interest expense	(400)	(695)
Total other income and (expense)	(400)	(695)
Income before tax	1500	1020
Income tax	230	210
Net income	1270	810