I need help.

The following information was obtained from the income statements of Russell Company and Lopez Company to be used in vertical analysis. Income Statement For Year Ended December 31, 2019 Russell Company Lopez Company Sales $3,000,000 $1,200,000 Cost of Goods Sold 1,350,000 513,000 Gross Profit 1,650,000 687,000 Operating Expense 1,237,500 489,400 Income before Taxes 412,500 197,600 Income Tax Expense 160,875 77,064 Net Income $251,625 $ 120,536Required: 1. Compute Russell Company's Operating expenses as a percentage of sales. 2. Compute Lopez Company's Operating expenses as a percentage of sales. Round your responses to two decimal places. 1. Russell Company : % 2. Lopez Company : %