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| Operating data for Ayayai Corp. are presented below 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net
| Operating data for Ayayai Corp. are presented below 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $821,000 521,000 121,000 73,000 33,000 73,000 $621,000 409,000 73,000 49,000 22,600 67,400 Prepare a schedule showing a vertical analysis for 2017 and 2016 . (Round percentages to 1 decimal place, eg. 12.1%.) AYAYAI CORP. 2017 2016 Percent Amount %$621,000 % 409,000 %212,000 73,000 49,000 %122,000 90,000 22,600 S 67,400 Percent Amount $821,000 521,000 300,000 121,000 73,000 194,000 Income before income taxes 106,000 33,000 s 73,000 Cost of goods sold Gross proft Selling expenses Administrative expenses Total operating expenses Income tax expense Net income Click if you would like to Show Work for this
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