Operating data for Indigo Corporation are presented as follows. 2022 2021 Sales revenue $827,400 $647,900 Cost of goods sold 525,399 408,177 Selling expenses 124,110 77,748 Administrative expenses 74,466 51,832 Income tax expense 37,233 25.916 Net income 66,192 84,227 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.) INDIGO CORPORATION Condensed Income Statement 2022 2021 Amount Percent Amount Percent Sales $827,400 % $647,900 % Cost of goods sold 525,399 % 408,177 % Gross profit 302,001 % 239,723 % Selling expenses 124,110 % 77,748 % Administrative expenses 74,466 % 51,832 % Total operating expenses 198,576 % 129,580 % Income before income taxes 103,425 % 110,143 % Income tax expense 37,233 % 25,916 % Net income $ 66,192 % $ 84,227 %