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help with this asap!! The most recent annual income statement for Vertigo Enterprises is presented below. Prepare a vertical analysis of the statement. (Round percentages

help with this asap!!

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The most recent annual income statement for Vertigo Enterprises is presented below. Prepare a vertical analysis of the statement. (Round percentages to 0 decimal places, e.g. 15. Do not enter a percentage sign in your answer.) Vertigo Enterprises Income statement Income $647,000 Expenses Cost of sales (COS) 281,000 Advertising expense 64,200 Insurance expense 32,300 Rent expense 52,000 Utilities expense 3,740 Depreciation 26,400 Wages and salaries 122,000 Interest expense 11,200 Total expenses (including COS) 592,840 Profit $54,160 VERTIGO ENTERPRISES Income statement $ %% relative to income Total income 647,000 Cost of sales 281,000 Gross profit Expenses Advertising expense 64,200 Insurance expense 32,300 Rent expense 52,000 Utilities expense 3,740 Depreciation 26,400 Wages and salaries 122,000 Interest expense 11,200 Total expenses Profit

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