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Please refer to the screenshot below Express the following income statement information in commonsize percentages (vertical analysis) and assess whether the overall situation is favorable

Please refer to the screenshot below
Express the following income statement information in commonsize percentages (vertical analysis) and assess whether the overall situation is favorable or unfavorable. Make one specific comment as to why it is favorable or unfavorable. Clause Crafts Inc. Income Statement For Years Ended December 31 2020 2019 Net sales $329,600 $289,400 Cost of goods sold 184,576 138,912 Gross profit 145,024 150,488 Operating expenses 103,624 78,965 Profit $41,400 $71,523

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