Operating data for Pina Colada Corp. are presented below. 2022 2021 Sales revenue $850,900 $622,200 Cost of goods sold 527,000 414,200 125,300 73,200 Selling expenses Administrative expenses 73,100 50,300 23,000 Income tax expense Net income 37,100 88,400 61,500 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, e.g. 12.1%.) PINA COLADA CORP Condensed Income Statement 2022 2021 Amount Percent Amount Percent Sales $850,900 % $622,200 % Cost of goods sold 527,000 % 414,200 % Gross profit 323,900 % 208,000 % Selling expenses 125,300 % 73,200 % Administrative expenses 73,100 % 50.300 % Total operating expenses 198,400 % 123,500 % 6 Income before income taxes 125,500 % 84,500 % Income tax expense 37,100 % 23.000 % Net income $ 88,400 % $ 61,500 %