Here are comparative financial statement data for Waterway Company and Cynthia Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Waterway Company 2022 2021 Cynthia Company 2022 2021 $561,000 $1,800,000 1,090,800 273,600 297,330 78,540 9,000 4.488 54,000 6,732 Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings 322,000 $310,600 82.900 $78,300 520,500 500,900 139,200 125.100 65,200 74.400 36,200 29,200 26,000 108,800 89,000 28,000 502,000 502,000 117.000 117,000 166,500 146,100 40.900 31,200 Prepare a vertical analysis of the 2022 income statement data for Waterway Company and Cynthia Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Condensed Income Statement Waterway Company Cynth Dollars Percent Dollars % % % % % % % YO % % % % %