Campbell Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percentage of sales. (Percentages may not add exactly due to rounding. Round your percentage answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4).) Percentage of Sales % Sales Cost of goods sold Gross margin on sales Operating expenses income before taxes Income taxes Net Income CAMPBELL COMPANY Vertical Analysis of Income Statements Percentage of Year 4 Year 3 Sales $ 999,000 % $ 1,085,000 549,450 599,200 449,550 485,800 130,300 150,400 319,250 335,400 79,200 83,000 $ 240,050 % $ 252,400 %