1 0 points Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below. Required 1. Complete the"% columns to be used in a vertical analysis of Sports Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.) SPORTS EMPORIUM Income Statement For the Year Ended December 31, 2018 Sporting Goods Sports Apparel Amount Amount $ 1,800,000 1,040,000 760,000 450,000 310,000 20,000 330,000 80,000 $ 250,000 S 970,000 440,000 530,000 340,000 190,000 (15,000) 175,000 70,000 S 105,000 Net sales Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) Income before tax Income tax expense Net income 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment has a higher net income as a percentage of net sales? Sporting Goods O Sports Apparel