The Following Condensed Income Statement Is for Boston Inc Prepare a Common-Size Analysis of the Income Statements for 2016

The following condensed income statement is for Boston Inc.
$\begin{array}{c} \text {Boston Inc.}\\ \text {Income Statement}\\ \text {Years ended December 31, 2017 and 2016}\\ \text {(in thousands)}\\\begin{array}{lcc}&2017&2016\\ \text { Net sales } & \$ 20,000 & \$ 13,000 \\ \text { Cost of goods sold } & 13,000 & 9,000 \\ \text { Gross margin } & 7,000 & 4,000 \\ \text { Selling and administrative expenses } & 3,000 & 2,000 \\ \text { Operating income } & 4,000 & 2,000 \\ \text { Other expense, net } & 300 & 200 \\ \text { Income before taxes } & 3,700 & 1,800 \\ \text { Income tax expense } & 800 & 400 \\ \text { Net income } & \$ 2.900 & \$ 1.400 \\\end{array}\end{array}$
Prepare a common-size analysis of the income statements for 2016 and 2017.(Round percent computations to one decimal place. )