Ayayai Inc. has provided the following information: Ayayai Inc. 2023 2022 2021 Sales 700,000 650,000 600,000 Cost of goods sold Gross margin 399,000 351,000 306,000 301,000 299,000 294,000 Operating expenses 217,000 201,500 186,000 Income before income tax 84,000 97,500 108,000 Income tax (20%) 16,800 19,500 21,600 Net income 67,200 78,000 86,400 Use vertical analysis to evaluate any strengths or weaknesses that Ayayai should be aware of. (Round percentage answers to O decimal places, e.g. 25%.) Use vertical analysis to evaluate any strengths or weaknesses that Ayayai should be aware o places, e.g. 25%) Sales Cost of Goods Sold Gross margin Operating expenses Income before income tax Income tax 2023 % % % % % % Net income $ % 5 $ 6 2022 % % % % % % 5 $ % % 2021 % % % % % % % % % % % % $ %