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. (Round your answers to the nearest whole percent.) Previous Year 2,550 100% 1,811 SIMULTECH CORPORATION Income Statement (summarized) (in millions of U.S. dollars) Current Year Sales Revenues $ 2,064 100 % $ Cost of Goods Sold 1,547 75 Selling, General, and Administrative Expenses 423 Other Operating Expenses 43 2 Interest Expense 14 Income before Income Tax Expense 37 2 Income Tax Expense 6 0 Net Income $ 31 % $ 436 17 14 1 1 17 272 31 2411 1