Operating data for Sunland Corporation are presented as follows. 2027 2026 Net sales $850,000 $600,000 Cost of goods sold 400.100 420,600 Selling expenses 139,400 78,000 Administrative expenses 60,350 45,600 Income tax expense 75,045 18,598 Net income 175,105 37.202 Prepare a schedule showing a vertical analysis for 2027 and 2026. (Round percentages to 1 decimal place, e.g. 12.1%) SUNLAND CORPORATION Condensed Income Statement 2027 2026 Amount Percent Amount Percent Net sales $850,000 % $600,000 % Cost of goods sold 400,100 % 420,600 Gross profit 449,900 % 179.400 %6 Selling expenses 139.400 % 78,000 R Administrative expenses 60,350 % 45,600 se Total operating expenses 199,750 % 123,600 Income before income taxes 250,150 96 55,800 Income tax expense 75,045 % 18,598 Net income $ 175,105 28 $37.202