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Game-On Sports operates in two distinct segments: athletic equipment and accessorles. 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 accessorles. The income statement for each operating segment is presented below. Required: 1. Complete the "%" columns to be used In a vertical analysls of Game-On Sports two operating segments. Express each amount as a percentage of sales. (Round your percentage answers to 1 decimal place.) GAME-ON SPORTS Income Statement For the Year Ended December 31, 2021 Athletic Equipment Accessories Amount % Amount 9% Net sales $3,050,000 $3,500,000 Cost of goods sold 1,350,000 1,670,000 Gross profit 1,700,000 1,830,000 750,000 Operating expenses 800,000 Operating income 950,000 1,030,000 Other income (expense) 80,000 (15.000) Income before tax 1,030,000 1,015,000 Income tax expense 235,000 210,000 S 795,000 S 805,000 Net income 2. Use vertical analysis to compare the profitability of the two operating segments. Which segment is more profitable? Athletic equlpment O Accessorles

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