Operating data for Grand Land Corporation are presented below December 31, 2021 December 31, 2020 Sales revenue 5810.000 $610.000 Cost of goods sold 481.950 392230 Selling expenses 122310 79,910 Administrative penses BL610 55.510 Income tax opense 26,730 26.230 Netincome 97 200 56 120 Prepare a schedule showing a vertical analysis for 2021 and 2020. Round percentagesto I decimal pores 121) CRANELAND COMPANY Condensed Income Statement For the Years Ended December 31 2021 2020 Amount Percentage Amount Percentage Sales revenue $810.000 $610.000 Cost of goods sold 481950 392.230 Gross profit 328.050 217.770 Selling penses 122310 79.910 * Administrative expenses 81.810 55.510 Total operating expenses 204 120 X 235 420 Income before income taxes 123.930 B2.350 Income tax opense 26.730 26.230 Net income 597.200 $56,120 So Attempts of used Submer