Operating data for Bramble Corporation are presented as follows. 2022 2021 Net sales $750,000 $603,000 Cost of goods sold 467,250 385,920 Selling expenses 117,750 68,139 Administrative expenses 59,250 51,255 Income tax expense 30,750 24,723 Net income 75,000 72,963 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round answers to 1 decimal place, e.g. 48.5%.) Net sales Amount $750,000 BRAMBLE CORPORATION Condensed Income Statements For the Years Ended December 31 2022 Percent 2021 Amount Percent % $603,000 % Cost of goods sold 467,250 % 385,920 % Gross profit 282,750 % 217,080.0 % Selling expenses 117,750 % 68,139 % Administrative expenses 59,250 % 51,255 % Total operating expenses 177,000 % 119,394 % Income before income taxes 105,750 % 97,686 % Income tax expense 30,750 % 24,723 % Net income $75,000 % $72,963 %