Finch Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percentage of sales. (Percentages may not add exactly due to rounding. Round your percentage answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4).) Percentage of Sales % Sales Cost of goods sold Gross margin on sales Operating expenses Income before taxes FINCH COMPANY Vertical Analysis of Income Statements Percentage of Year 4 Year 3 Sales $ 999,500 % $ 1,075,500 549,725 598,200 449,775 477,300 129,200 150,400 320,575 326,900 79,500 84,000 241,075 % $ 242,900 Income taxes Net income %