Income statement information for Einsworth Corporation follows: Sales $424,000 Cost of goods sold 118,720 Gross profit 305,280 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement Amount Percentage Sales $424,000 % Cost of goods sold 118,720 % Gross profit $305,280 %