as follows Administrative expenses Cost of goods sold Income tax Sales Selling expenses Year 2 $37,000 350,000 40,000 800,000 150,000 $20,000 320,000 32,000 700,000 110,000 a. Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales. Round percents to one decimal point. Bluestem Company Comparative Income Statement For Years Ended December 31, Year 2 and Year 1