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Question 1 of 6 - 2 0 - = , vdots Operating data for Bonita Corporation are presented as follows. table [ [ ,

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Question 1 of 6
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Operating data for Bonita Corporation are presented as follows.
\table[[,2022,2021],[Net sales,$745,000,$601,000],[Cost of goods sold,461,155,391,251],[Selling expenses,124,415,67,913],[Administrative expenses,60,345,55,893],[Income tax expense,32,780,19,232],[Net income,66,305,66,711]]
Prepare a schedule showing a vertical analysis for 2022 and 2021.(Round answers to 1 decimal place, e.g.48.5%.)
\table[[\table[[BONITA CORPORATION],[Condensed Income Statements],[For the Years Ended December 31],[,2022]]],[,Amount,Percent,Amount,Percent,],[Net sales,$745,000,%,$601,000,,%],[Cost of goods sold,461,155,%,391,251,,%],[Gross profit,283,845,%,209,749.0,,6],[Selling expenses,124,415,%,67,913,,%],[Administrative expenses,60,345,%,55,893,,1%],[Total operating expenses,184,760,%,123,806,,6],[Income before income taxes,99,085,%,85,943,,6],[Income tax expense,32,780,%,19,232,,6],[Net income,$66,305,%,$66,711,,3]]
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