10.00 points Using the following income statements, perform the calculations needed for vertical analyses. (Round percentage values to 1 decimal place.) Income Statements For the Years Ended December 31 Net Sales Cost of Goods Sold Gross Prof Selling, General, and Administrative Expenses Income from Operations Interest Expense Income before Income Ta Income Tax Expense Net Income S 105,000 0.000 45.000 9.300 35.700 3.100 32.600 9780 $ 22.820 %S 78,000 46,500 31,500 4,700 26,800 3,900 22,900 6,870 %$ 16,030