Operating data for ABXC Corporation are presented below.

2015	2014
Net sales	$753,830	$600,450
Cost of goods sold	469,160	389,400
Selling expenses	124,380	76,710
Administrative expenses	63,130	53,110
Income tax expense	35,820	23,330
Net income	61,340	57,900

Prepare a schedule showing a vertical analysis for 2015 and 2014. (Round answers to 1 decimal place, e.g. 48.5%.)

ABXC CORP. Condensed Income Statements For the Years Ended December 31
2015	2014
Amount	Percent	Amount	Percent
Net sales	$753,830	%	$600,450	%
Cost of goods sold	469,160	%	389,400	%
Gross profit	284,670	%	211,050	%
Selling expenses	124,380	%	76,710	%
Administrative expenses	63,130	%	53,110	%
Total operating expenses	187,510	%	129,820	%
Income before income taxes	97,160	%	81,230	%
Income taxes expense	35,820	%	23,330	%
Net income	$61,340	%	$57,900	%