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Comparative Income Statement Year Ended December 31, 2025 (In millions) Net Sales $7200 Cost of Goods Sold 3200 Gross Profit 4000 Operating Expenses: Selling

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Comparative Income Statement Year Ended December 31, 2025 (In millions) Net Sales $7200 Cost of Goods Sold 3200 Gross Profit 4000 Operating Expenses: Selling Expenses 600 Administrative Expenses 400 Total Operating Expenses 1,000 Operating Income 3000 Other Income and (Expenses): Interest Expense (400) Total Other Income and (400) (Expenses) Income Before Income 2600 Taxes Income Tax Expense 1,000 Net Income $1600 Performing a vertical analysis, what is the percentage of Income Before Income Taxes to Net Sales?

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