is this right? n if not can you tell me how to get the right answer?

Exercise 5 (5 Points) Operating data for ABC Corporation are presented below. Net sales Amount Percent Sales : Seles Cost of goods sold $500,000 100% 310,000 COGS : Sales Gross profit 42% 190,000 GP : Seles Operating expenses 120,000 O P + sales Net income $70,000 Instructions Use vertical analysis to complete the % column above