From the French Instrument Corporation second-quarter report ended 2017, do a vertical analysis for the second quarter of 2017 (Input all answers as positive (income which should be indicated by a minus sign. Round your answers to the nearest hundredth percent FRENCH INSTRUMENT CORPORATION AND SUBSIDIARIES Consolidated Statements of Operation (Unaudited) (In thousands of dollars, except share data) SECOND QUARTER 2017 2016 Percent of net Net sales $ 6,642 6. 895 1 00 Cost of sales 4081 4 Gross margin Expenses Selling general and administrative Product development Interest exponse Other (income), net Total expenses 914 Income before income taxes Provision for Income taxes Not Income $ 390 S 300 Net Income per common share 10003 Weighted average number of common shares and equivalents 6,673,673 6,624,184 "income per common share reflects the deduction of the preferred stock dividend from net income References eBook & Resources Worksheet Diculty 1 Easy Learning objective 16 02 (2) Explan and co n dorontal Check my work