Operating data for Carla Vista Corporation are presented as follows. 2022 2021 Net sales $750,000 $603,000 Cost of goods sold 467,250 385,920 Selling expenses 97,500 68,139 Administrative expenses 59,250 51,255 Income tax expense 31,725 27,738 Net income 94,275 69,948 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round answers to 1 decimal place, eg. 48.5%.) CARLA VISTA CORPORATION Condensed Income Statements 2022 2021 Amount Percent Amount Percent Net sales $750,000 % $603,000 % Cost of goods sold 467,250 % 385,920 % Gross profit 282,750 % 217,080 % Selling expenses 97,500 % 68,139 % Administrative expenses 59,250 % 51,255 % Total operating expenses 156,750 % 119,394 % Income before income taxes 126,000 % 97,686 % Income taxes expense 31,725 % 27,738 % Net income $94,275 % $69,948 %