Complete the following vertical analyses of Tiger Tail Corporation's income statement. What line item is the largest percent of sales in 2019? How has it changed from 2018 to 2019? Click the icon to view the income statements.) Begin by completing the following vertical analyses of Tiger Tail Corporation's income statement. (Round percentages to the nearest tenth of a percent, X.X%.) As a percent of sales (in millions) 2019 2018 2019 2018 Sales $ % % 70,000 $ 36,960 68,000 35,360 Cost of Goods Sold % % Gross Profit 33,040 32,640 % % 17,220 18,088 % % Selling, General, and Administrative Expenses Research and Development Expense 8,050 8,568 % % 210 136 % % Interest Expense Earnings Before Provision for Taxes 5,848 % % 7,560 3,920 Provision for Taxes 2,992 % % $ 3,640 $ 2,856 Net Income % % What line item is the largest percent of sales in 2019? How has it changed from 2018 to 2019? In 2019, the is the largest line item as a percent of sales. From 2018 to 2019, this line item X Income statements 2019 2018 $ 70,000 $ 68,000 36,960 35,360 32,640 (in millions) Sales Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Research and Development Expense Interest Expense Earnings Before Provision for Taxes Provision for Taxes 33,040 17,220 18,088 8,050 8,568 136 210 7,560 3,920 5,848 2,992 $ 3,640 $ 2,856 Net Income