Problem 9-1 Pines Inc reported the following operating results for two consecutive years 2018 Amount 2,000,000 1,450,000 550,000 Sales Cost of Goods Sold Gross Margin Operating Expenses 290,000 Income Before Taxes 260,000 72,800 Income Taxes Net Income 187,200 2019 Sales Amount 2,500,000 1,700,000 800,000 350,000 Cost of Goods Sold Gross Margin Operating Expenses 450,000 144,000 Income Before Taxes Income Taxes 306,000 Net Income REQUIRED Express each income statement component for each of the two years as a percent of sales in a single chart