Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019. Lord Company 2020 2019 $559,000 296,829 79,937 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 Duke Company 2020 2019 $1,824,000 1,050,624 269,952 7.296 54.720 329,000 $312,100 520,800 499.700 65,000 74,200 108,400 92,000 495,500 495,500 180,900 150,100 4.472 6,708 82.300 140,700 34,400 30,800 122.500 35.300 $78,900 125,100 29,000 25,200 122,500 27,300 Question 10 of 11 -13 III Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 decimal place, eg. 12.1%) Condensed Income Statement Duke Company Lord Co Dollars Percent Dollars % $ 96 % %