Based on the Following Income Statement, Prepare a Common-Size Income

Based on the following income statement, prepare a common-size income statement based on sales. Round to two decimal places.
Cash $60,000
Accounts receivable, net of
allowance for doubtful accounts 550,000
Inventory 650,000
Total current assets $1,260,000
Property, plant, and equipment
net of depreciation 1,300,000
Total assets $2,560,000
Accounts payable $270,000
Salaries payable 80,000
Taxes payable 55,000
Total current liabilities $405,000
Bonds payable 900,000
Total liabilities $1,305,000
Common stock 450,000
Retained earnings 805,000
Total liabilities and stockholders' equity $2,560,000