Comparative data from the income statement of Oriole Corporation are shown below. 2021 2020 Net sales $831,000 556,770 $591,000 369,375 221,625 101,280 Cost of goods sold Gross profit Operating expenses Profit before income tax Income tax expense Profit 274,230 149,580 124,650 31,163 $93,487 120,345 30,086 $90,259 Prepare a vertical analysis for Oriole Corporation. (Round percentage answers to 1 decimal place, e.g. 52.7%.) ORIOLE CORPORATION Income Statement 2021 2020 Amount Percent Amount Percent Sales $831,000 % $591,000 % Cost of goods sold 556,770 % 369,375 % Gross profit 274,230 % 221,625 % Operating expenses 149,580 % 101,280 % Profit before income tax 124,650 % 120,345 % Income tax expense 31,163 % 30,086 % Profit $93,487 % $90,259 %