Prepare a vertical analysis of the income statement data for Teal Mountain Corporation for both years. (Round percentages to 1 decimal place, eg. 121%) TEAL MOUNTAIN CORPORATION Comparative Income Statements For the Years Ended December 31 2022 Percent 2021 $ $489,000 Percent Net sales $641,000 % %6 Cost of goods sold 405,000 % 363,000 % Gross profit 236,000 96 126,000 5 Operating expenses 144.000 % 120,000 Net income $92,000 % $6,000 9 Save for Late Attempts: 0 of 2 used Submit