Prepare a vertical analysis of the 2022 income statement data for Lily Company and Jennifer Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Condensed Income Statement Lily Company Dollars Percent % % % % Jennifer Company Dollars Percent % % % 20 % % % % % % % % % % $ % Here are comparative financial statement data for Lily Company and Jennifer Company, two competitors. All data are as of December 31, 2022, and December 31, 2021. Lily Company Jennifer Company 2022 2021 2022 2021 Net sales $1,908,000 $561,000 Cost of goods sold 999,792 296,769 Operating expenses 257,580 78,540 Interest expense 7,632 4,488 Income tax expense 55,332 6,171 Current assets 327,500 $314,800 82,900 $78,300 Plant assets (net) 520,800 498,500 138,300 123,300 Current liabilities 64,800 75,000 36,400 31,800 Long-term liabilities 108,000 89,400 30,200 24,600 Common stock, $10 par 504,500 504,500 124,000 124,000 Retained earnings 171,000 144,400 30,600 21,200