Here are comparative statement data for Wildhorse Company and Sandhill Company, two competitors. All balance sheet data are as of December 31, 2022, and December 31, 2021.

		Wildhorse Company				Sandhill Company
		2022		2021		2022		2021
Net sales		$1,892,000				$580,000
Cost of goods sold		1,075,000				298,000
Operating expenses		260,000				87,000
Interest expense		8,200				2,200
Income tax expense		65,300				29,000
Current assets		498,742		$477,987		127,504		$ 121,585
Plant assets (net)		806,004		765,000		213,784		192,492
Current liabilities		101,477		115,997		54,082		46,330
Long-term liabilities		174,405		137,700		45,319		38,250
Common stock, $10 par		765,000		765,000		183,600		183,600
Retained earnings		263,864		224,290		58,287		45,897

(a) Prepare a vertical analysis of the 2022 income statement data for Wildhorse Company and Sandhill Company. (Round all ratios to 1 decimal place, e.g. 2.5%.)

Condensed Income Statement For the Year Ended December 31, 2022
	Wildhorse Company					Sandhill Company
	Dollars		Percent			Dollars		Percent
select an income statement item Total ExpensesTotal Operating ExpensesDividendsCost of Goods SoldSales RevenuesIncome From OperationsNet SalesIncome Tax ExpenseOther Revenues and GainsOther Expenses and LossesExpensesOperating ExpensesGross ProfitInterest ExpenseRetained Earnings, December 31Retained Earnings, January 1Income Before Income TaxesNet Income / (Loss)Total Revenues	$1,892,000		enter percentages	%		$580,000		enter percentages	%
select an income statement item Total ExpensesTotal Operating ExpensesExpensesTotal RevenuesGross ProfitCost of Goods SoldNet Income / (Loss)Income Before Income TaxesSales RevenuesNet SalesInterest ExpenseOther Expenses and LossesIncome From OperationsOther Revenues and GainsRetained Earnings, December 31Operating ExpensesDividendsIncome Tax ExpenseRetained Earnings, January 1	1,075,000		enter percentages	%		298,000		enter percentages	%
select a summarizing line for the first part Cost of Goods SoldDividendsOther Revenues and GainsNet SalesTotal ExpensesSales RevenuesGross ProfitIncome Tax ExpenseRetained Earnings, December 31Operating ExpensesIncome Before Income TaxesIncome From OperationsExpensesNet Income / (Loss)Other Expenses and LossesTotal RevenuesInterest ExpenseRetained Earnings, January 1Total Operating Expenses	817,000		enter percentages	%		282,000		enter percentages	%
select an income statement item Net SalesIncome From OperationsCost of Goods SoldOther Expenses and LossesDividendsOther Revenues and GainsIncome Tax ExpenseExpensesTotal ExpensesNet Income / (Loss)Interest ExpenseTotal Operating ExpensesIncome Before Income TaxesRetained Earnings, January 1Retained Earnings, December 31Total RevenuesGross ProfitSales RevenuesOperating Expenses	260,000		enter percentages	%		87,000		enter percentages	%
select a summarizing line for the second part Income Tax ExpenseCost of Goods SoldNet Income / (Loss)Income From OperationsNet SalesTotal Operating ExpensesGross ProfitIncome Before Income TaxesDividendsOther Expenses and LossesTotal RevenuesInterest ExpenseTotal ExpensesExpensesOperating ExpensesSales RevenuesOther Revenues and GainsRetained Earnings, January 1Retained Earnings, December 31	557,000		enter percentages	%		195,000		enter percentages	%
select an opening section name Operating ExpensesSales RevenuesTotal ExpensesGross ProfitIncome Before Income TaxesCost of Goods SoldExpensesRetained Earnings, December 31Net Income / (Loss)Income From OperationsRetained Earnings, January 1Other Expenses and LossesIncome Tax ExpenseTotal Operating ExpensesNet SalesTotal RevenuesDividendsOther Revenues and GainsInterest Expense
select an income statement item Interest ExpenseNet SalesGross ProfitTotal Operating ExpensesRetained Earnings, January 1Other Revenues and GainsExpensesIncome Tax ExpenseIncome From OperationsRetained Earnings, December 31Total ExpensesSales RevenuesOperating ExpensesNet Income / (Loss)Total RevenuesCost of Goods SoldIncome Before Income TaxesOther Expenses and LossesDividends	8,200		enter percentages	%		2,200		enter percentages	%
select a summarizing line for the third part Other Revenues and GainsGross ProfitExpensesIncome Tax ExpenseRetained Earnings, January 1Total RevenuesRetained Earnings, December 31Total Operating ExpensesIncome Before Income TaxesIncome From OperationsDividendsSales RevenuesNet Income / (Loss)Net SalesInterest ExpenseCost of Goods SoldOther Expenses and LossesTotal ExpensesOperating Expenses	548,800		enter percentages	%		192,800		enter percentages	%
select an income statement item Interest ExpenseExpensesTotal RevenuesGross ProfitTotal ExpensesNet SalesCost of Goods SoldRetained Earnings, January 1Total Operating ExpensesIncome From OperationsRetained Earnings, December 31Net Income / (Loss)DividendsOperating ExpensesSales RevenuesIncome Before Income TaxesOther Revenues and GainsIncome Tax ExpenseOther Expenses and Losses	65,300		enter percentages	%		29,000		enter percentages	%
select a closing name for this statement ExpensesIncome From OperationsNet SalesOperating ExpensesNet Income / (Loss)Total ExpensesIncome Tax ExpenseCost of Goods SoldOther Expenses and LossesRetained Earnings, January 1Interest ExpenseTotal RevenuesIncome Before Income TaxesOther Revenues and GainsTotal Operating ExpensesSales RevenuesDividendsRetained Earnings, December 31Gross Profit	$483,500		enter percentages	%		$163,800		enter percentages	%

(b1) Compute the 2022 return on assets and the return on common stockholders equity for both companies. (Round all ratios to 1 decimal place, e.g. 2.5%.)

		Wildhorse Company			Sandhill Company
Return on assets		enter percentages	%		enter percentages	%
Return on common stockholders equity		enter percentages	%		enter percentages	%