Problem 14-18A Vertical analysis LO 14-1 Required Prepare a vertical analysis of both the balance sheets and income statements for Year 4 and Year 3 Complete this question by entering your answers in the tabs below Analysis BaAnalysis Inc Sheet Stmt Prepare a vertical analysis of an income statements for Year 4 and Year 3. (Percentages may not add exactly due to rounding Round your answers to 2 decimal places. (i.e., .2345 should be entered as 23.45).) ALLENDALE COMPANY Vertical Analysis of Income Statements Year 4 Year 3 Percentage of Total Amount Percentage of Amount Total Revenues Sales (net) $ 230,000 8,000 238,000 %| $ 210,000 5,000 215,000 Other revenues Total revenues Expenses 120,000 55,000 8,000 23,000 206,000 $ 32,000 103,000 50,000 7,200 22,000 182,200 %| $ 32,800 Cost of goods sold Selling, general, and administrative expense Interest expense Income tax expense Total expenses Net income