Revenue and expense data for the current calendar year for Sorenson Electronics Company and for the electronics industry are as follows. The Sorenson Electronics Company data are expressed in dollars. The electronics industry averages are expressed in percentages.

	Sorenson Electronics Company			Electronics Industry Average
Sales	$1,143,520			102.1	%
Sales returns and allowances	23,520			2.1
Net sales	$1,120,000			100	%
Cost of goods sold	705,600			68
Gross profit	$414,400			32	%
Selling expenses	$246,400			18	%
Administrative expenses	100,800			8
Total operating expenses	$347,200			26	%
Operating income	$67,200			6	%
Other income	22,400			2
	$89,600			8	%
Other expense	11,200			1
Income before income tax	$78,400			7	%
Income tax expense	33,600			3
Net income	$44,800			4	% Prepare a common-sized income statement comparing the results of operations for Sorenson Electronics Company with the industry average. If required, round percentages to one decimal place. Enter all amounts as positive numbers.