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The Carla Vista Supply Company reported the followinginformation for 2017. Prepare a common-size income statement forthe year ended June 30, 2017. (Round answers to 1 decimal place,e.g. 52.7%.)Carla Vista Supply Company Income Statement for the Fiscal YearEnded June 30, 2017($ thousands)% of Net SalesNet sales $2,110,000 %Cost of goods sold 1,461,000 %Selling and administrative expenses 312,800 %Nonrecurring expenses 27,200 %Earnings before interest, taxes, depreciation, and amortization(EBITDA) $309,000 %Depreciation 114,000 %Earnings before interest and taxes (EBIT) 195,000 %Interest expense 120,500 %Earnings before taxes (EBT) $74,500 %Taxes (35%) 26,075 %Net income $48,425 %Please find the % of Net Sales for each.Thanks!