E14-2 Operating data for Navarro Corporation are presented below. Prepare ve (LO 1) Net sales Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 2017 $750,000 465,000 105,000 60,000 36,000 84,000 2016 $600,000 390,000 66,000 54,000 27,000 63,000 XLS Instructions Prepare a schedule showing a vertical analysis for 2017 and 2016