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Game-On Sports operates in two distinct segments athletic equipment and accessories. The income statement for each operating segment is presented below Required: 1. Complete the

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Game-On Sports operates in two distinct segments athletic equipment and accessories. The income statement for each operating segment is presented below Required: 1. Complete the columns to be used in a vertical analysis of Game-On Sports' two operating segments. Express each amount as a percentage of sales (Round your percentage answers to 1 decimal place.) Net sales Cost of goods sold Gross profit Operating expenses Operating income Other income (expense) Income before tax Income tax expense Net income GAME ON SPORTS Income Statement For the Year Ended December 31, 2021 Athletic Equipment Accessories Amount Amount 33.125,000 $ 3.575,000 1,380.000 1,685,000 1,745.000 1,890,000 780,000 830,000 965.000 1,060,000 81,500 (16,500) 1,046,500 1043.500 238,000 213.000 $ 808,500 $ 830,500 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable? O Accessories Athletic equipment

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