Operating data for Bonita Corporation are presented as follows. 2022 2021 Net sales $746,000 $605,000 Cost of goods sold 468,488 387,200 Selling expenses 115,630 67,760 Administrative expenses 61,172 55,660 Income tax expense 29,840 29,040 Net income 70,870 65,340 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round answers to 1 decimal place, eg. 48.5%) BONITA CORPORATION Condensed Income Statements For the Years Ended December 31 2022 2021 Net sales Amount $746,000 Percent Amount Percent % $605,000 % Cost of goods sold 468,488 % 387,200 % Gross profit 277,512 % 217,800.0 % Selling expenses 115.630 % 67.760 % Administrative expenses 61.172 % 55,660 96 ... Total operating expenses 176,802 % 123,420 % Income before income taxes 100,710 % 94,380 46 Income tax expense 29.840 % 29,040 % Net income $70,870 % $65,340 %