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Operating data for Blue Spruce Corp, are as follows. 2022 2021 Sales revenue $720,000 $580,000 Cost of goods sold 439,200 368,300 Selling expenses 112,320 75,980

Operating data for Blue Spruce Corp, are as follows. 2022 2021 Sales revenue $720,000 $580,000 Cost of goods sold 439,200 368,300 Selling expenses 112,320 75,980 Administrative expenses 57,600 42,340 Income tax expense 25,200 24,360 Net income 85,680 69,020 Prepare a schedule showing a vertical analysis for 2022 and 2021, (Round percentages to 1 decimal place, e.g. 12.1%,)

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