A condensed income statement for Simultech Corporation and a partially completed vertical analysis are presented below. Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. (Roun your answers to the nearest whole percent.) SIMULTECH CORPORATION Income Statement (summarized) (in millions of U.S. dollars) Current Year Previous Year Sales Revenues $ 2,085 100% $ $ 2,150 100% Cost of Goods Sold 1,737 83 1,621 74 245 21 246 11 43 2 11 1 Selling, General, and Administrative Expenses Other Operating Expenses Interest Expense Income before Income Tax Expense Income Tax Expense 12 1 36 2 48 2 236 No 8 O 50 Net Income 40 11% $ 186 51%