a$)$ Prepare a Vertical Analysis of the Income Statement for both $2013$ and $2014$

b$)$ Prepare an analysis of the results.

a$)$ Prepare a Vertical Analysis of the Income Statement for both $2013$ and $2014$

$\backslash$table$[[$JETSON COMPANY$],[\{$

$\backslash$table$[[$Income Statements$],[$For the Years Ended December $31]]\}],[,,,$For the Years Ended December $31],[+2,,,,,$POINTS,POINTS$],[,2014,2013,$POSSIBLE E$,$EARNED$],[$Net sales,$$,780,000,$$$,624,000,2,],[$Cost of goods sold,$$,440,000,$$$,405,600,2,],[$Gross profit,$$,340,000,$$$,218,400,2,],[$Selling and administrative expenses,$$,176,880,$$$,149,760,2,],[$Income from operations,,$163,120,$$$,68,640,2,],[$Other expenses and losses:,,,,,,$],[$Interest expense,$$,9,920,$$$,7,200,2,],[$Income before income taxes,$$,153,200,$$$,61,440,2,],[$Income tax expense,$$,34,000,$$$,14,000,2,],[$Net income,$$,119,200,$$$,47,440,2,]]$

b$)$ Prepare an analysis of the results.