k t nces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the "%" columns to be used in a vertical analysis of Fishing Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.) FISHING EMPORIUM Income Statement. For the Year Ended December 31, 2024 Sporting Goods Sports Apparel Amount % Amount % Net sales Cost of goods sold Gross profit $ 1,825,000 1,050,000 775,000 $ 980,000 445,000 535,000 Operating expenses 460,000 350,000 Operating income 315,000 185,000 Other income (expense) 20,500 (15,500) Income before tax 335,500 169,500 Income tax expense 81,000 71,000 Net income $ 254,500 $ 98,500