Balance Sheet Prepare a vertical analysis of the income statements for Year 4 and Year 3. Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45). Revenues Income Statement Sales (net) Other revenues Total revenues Expenses Net income GIBSON COMPANY Vertical Analysis of Income Statements Year 4 Cost of goods sold Selling, general, and administrative expense Interest expense Income tax expense Total expenses Amount $ 231,100 9,100 240,200 119,800 54,400 6,900 21,800 202,900 $ 37,300 % %

Prepare a vertical analysis of the income statements for Year 4 and Year 3 . Note: Percentages may not add exactly due to rounding. Round your answers to 2 decimal places. (1.e., 2345 should be entered as 23,45 )