Question 2 of 4 December 31, 2022, and December 31.2021 Oriole Company Ivanhoe Company 2022 2021 2022 2021 Net sales $1.915.000 $585.000 Cost of goods sold 1067,000 279000 Operating expenses 254.000 90,000 Interest expense 100 2000 income tax expense 67,200 25.000 Current assets 384651 $368.644 98.336 $91771 Plant assets (ne 621624 590.000 164879 148458 Current abilitie 78264 19462 41711 35732 Long-term lubilities 134,500 106.200 34.952 29,500 Common stock $10 par 590.000 590,000 141600 141600 Retained namings 201503 172.992 44.953 25.299 [a] 1.25/2 Prepare a vertical analysis of the 2022 income statement data for Oriole Company and Ivanhoe Company Round all naties to 1 decimal place, 2.5K Condensed Income Statement For the Year Ended December 31, 2022 Oriole Company NetS Cold Ivanhoe Company Dollar Percent Dollars Percent $1,915,000 100 $585,000 V 1067000 558 TO 279.000 Gross Prof v 843.000 306,000 Operating Expenses V 254,000 123 Th 90,000 Incame From Operations 594,000 21 N 216000 Interest Expense 300 N 3,000 585.900 34 213000 Ines Expe 47.200 34 % 25.000 Net Se $118.700 369 N $178.000