I need help with this excel simulation. Please help me but it has to be entered in as a formula, not a number. Thanks the directions are on the pictures.

11 A A B 1 u . Alignment Number Conditional Format as Cell Formatting Table Styles Clipboard Al | | Lake Athletics sells two distinct product lines: Apparel and Equipment 1 Lake Athletics sells two distinct product lines: Apparel and Equipment 2 The income statement for each product line appears below LAKE ATHLETICS Income Statement For the Year Ended December 31. 20X1 9 Net sales o Cost of goods sold 11 Gross proft 12 13 $3,150,000 1 400,000 1.750,000 800,000 2.720,000 2.830,000 1,955,000 10,000 1965 DOO 491,000 g Income 14 Other income 15 Income before tax 16 Income tax expense 17 Net income 20,000 970000 241 250 $1.474.7 19 Required: 20 1. Use appropriate Excel formulas to perform vertical analysis and complete the "Percent" columns 21 for both product lines above. Express each amount as a percentage of net sales. 22 Note: Yow should use absolute references in the divisors of all formulas 23 2. Use the Excel IF function and the completed vertical analysis above to answer each of the 24 questions below: 100% 888F 2 3