The Abercrombie Supply Company reported the following information for 2013. Prepare a common size income statement for the year ended June 30, 2013.

Abercrombie Supply Company

Income Statement for the Fiscal Year Ended June 30, 2013 (in $ thousands)

Net sales .............................................................................. $2,110,965

Cost of goods sold ................................................................... 1,459,455

Selling and administrative expenses ................................................. 312,044

Nonrecurring expenses...................................................................27,215

Earnings before interest, taxes, depreciation and amortization (EBITDA) ... $312,251

Depreciation ............................................................................ 112,178

Earnings before interest and taxes (EBIT) ....................................... $ 200,073

Interest expense ........................................................................ 117,587

Earnings before taxes (EBT) ......................................................... $ 82,486

Taxes (35%) .............................................................................. 28,870

Net income ............................................................................. $ 53,616