Operating data for Bramble Corp. are presented below.

		2022		2021
Sales revenue		$842,100		$637,500
Cost of goods sold		521,600		409,900
Selling expenses		122,100		77,500
Administrative expenses		78,600		54,800
Income tax expense		35,600		29,500
Net income		84,200		65,800

Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.)

Please provide a Condensed Income Statement and please show all math.

Operating data for Bramble Corp. are presented below. 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $842,100 521,600 122,100 78,600 35,600 84,200 $637,500 409,900 77,500 54,800 29,500 65,800 Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, e.g. 12.1%.) BRAMBLE CORP. Condensed Income Statement 2017 2016 Amount Percent Amount Percent Sales $842,100 % $637,500 % Cost of goods sold 521,600 % 409,900 % Gross profit 320,500 % 227,600 % Selling expenses 122,100 % 77,500 % Administrative expenses 78,600 % 54,800 % % 132,300 % Total operating expenses 200,700 Income before income taxes 119,800 % 95,300 % Income tax expense 35,600 % 29,500 % Net income $ 84,200 % $ 65,800 % Click if you would like to Show Work for this question: Open Show Work