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Here are comparative statement data for Cullumber Company and Oriole Company, two competitors. All balance sheet data are as of December 31, 2017, and December

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Here are comparative statement data for Cullumber Company and Oriole Company, two competitors. All balance sheet data are as of December 31, 2017, and December 31, 2016. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Cullumber Company 2017 2016 $1,856,000 1,079,000 263,000 7,000 75,000 Oriole Company 2017 2016 $596,000 298,000 83,000 2,800 34,000 Current assets Plant assets (net) Current liabilities Long-term liabilities 590,015 $565,462 953,508 905,000 120,048 137,225 206,322 162,900 150,838 $ 143,835 252,908 227,720 63,980 54,809 53,612 45,250 905,000 905,000 217,200 217,200 Common stock, $10 par Retained earnings 312,153 265,337 68,954 54,296 Prepare a vertical analysis of the 2017 income statement data for Cullumber Company and Oriole Company. (Round all ratios to 1 decimal place, e.g. 2.5%.) Condensed Income Statement For the Year Ended December 31, 2017 Cullumber Company Dollars Percent Oriole Company Dollars Percent $1,856,000 % $596,000 % 1,079,000 % 298,000 % 777,000 % 298,000 % 263,000 % 83,000 % 514,000 % 215,000 % 7,000

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