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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 (expenso) 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 $ 3,225,000 $ 3,675,000 1,420.000 1,705,000 1,805,000 1,970,000 820,000 870,000 985,000 1,100,000 83,500 (18,500) 1.068,500 1,081,500 242,000 217.000 $ 826,500 $ 864,500 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable? O Athletic equipment O Accessories

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