Check my work 1 The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. 11.11 points Required: Prepare a vertical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place.) eBook Hint 2021 Print % References 100.0 FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2022 Amount % $ 19,300,000 100.00 s S 12.969,600 6,330,400 1,737.000 1,119,400 308.800 1,640,500 1,524,700 559,700 $ 965,000 S Amount 16,000,000 7,312,000 8,688,000 1,312,000 1.120,000 Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income tax expense Net Income 0 0.0 384,000 5,872,000 2,144,000 3,728,000 Mc Graw Hill Prey 1 of 9 Next > Question 1 - Ch....html Show All