The Following Information Was Taken from the Financial Statements of Bjorg

The following information was taken from the financial statements of Bjorg Company: $\begin{array}{lrr}& \underline{2014}& \underline{2013}\\ \text { Gross profit on sales } &\$600,000&\$680,000\\ \text { Income before income taxes } &230,000&221,000\\ \text { Net income } &180,000&153,000\\ \text { Net income as a percentage of net sales } &10\%&9\%\\\end{array}$


Instructions
(a) Compute the net sales for each year.
(b) Compute the cost of goods sold in dollars and as a percentage of net sales for each year.
(c) Compute operating expenses in dollars and as a percentage of net sales for each year. (Income taxes are not operating expenses).