Express the following income statement information in common-size percentages (vertical analysis) and assess whether the overall situation is favorable or unfavorable. Make one specific comment as to why it is favorable or unfavorable. LeBron's Crafts Inc. Income Statement For Years Ended December 31 Net sales Cost of goods sold Gross profit Operating expenses Profit 2020 2019 $329,600 $289,400 184,576 138,912 145,024 150,488 103,624 78,965 $ 41,400 $ 71,523