b. Listed below are the comparative income statements for Kelso Corporation for 2020 and 2019 2019 2020 000 Net sales Cost of goods sold Gross profit Selling and administrative expenses $742,600 393,578 $800,400 448,224 352,176 268,134 349,022 219,067 Income before interest and income tax 129,955 84,042 Interest expense 22,278 24,012 Income before income taxes 60,030 107,677 37,130 Income tax expense 16,008 $ 70,547 Net income $ 44,022 Instructions: 1. Prepare a Vertical analysis for each year with Net Sales as the 100% figure. 2. Comment on any significant findings