Problem 13-16A (Algo) Vertical analysis LO 13-1 The following percentages apply to Walton Company for Year 3 and Year 4. Required Assuming that sales were $505,000 in Year 3 and $590,000 in Year 4, prepare income statements for the two years. Required Assuming that sales were $505,000 in Year 3 and $590,000 in Year 4. prepare income statements for the two years