Using the Income Statement Below, Develop a Common-Size Statement by Filling

Using the income statement below, develop a common-size statement by filling in the blanks provided. Show your work. Round to one decimal place.
$\begin{array}{|l|c|l|}\hline & 20 \mathrm{xx} & \mathbf{2 0 x x} \\\hline & & \\\hline \text { Net sales } & \$ 200,000 & \\\hline \text { Cost of goods sold } & 116,000 & \\\hline \text { Gross margin } & \$ 84,000 & \\\hline \text { Operating expenses } & 46,000 & \\\hline \text { Income before income taxes } & \$ 38,000 & \\\hline \text { Income taxes expense } & 15,200 & \\\hline \text { Net income } & \$ 22,800 & \\\hline & & \\\hline\end{array}$