Operating data for Marigold Corp. are presented as follows. 2022 2021 Sales revenue $837,800 $621,700 Cost of goods sold 527,814 410,322 Selling expenses 121,481 74,604 Administrative expenses 79,591 55,953 Income tax expense 37,701 24,868 Net income 71,213 55,953 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, eg. 12.1% MARIGOLD CORP. Condensed Income Statement Amount Percent Amount Percent Sales $837,800 96 $621.700 % Cost of goods sold 527,814 % 410.322 % Gross profit 309,986 % 211378 I % Selling expenses 121,481 % 74,604 % Administrative expenses 79.591 % 55,953 96 Total operating expenses 201,072 % 130,557 % Income before income taxes 108.914 %6 80.821 96 Income tax expense 37.701 96 24,868 %6 Net income $71,213 % $55.953 %