Question 5 of 9 -/1 = View Policies Current Attempt in Progress Operating data for Ayayal Corp are presented as follows. 2022 2021 Sales revenue 5836,700 $650,500 Cost of goods sold 518,754 409,815 Selling expenses 125,505 71,555 Administrative expenses 75,303 52,040 Income tax expense 33.468 26,020 Net income 83,670 91,070 Prepare a schedule showing a vertical analysis for 2022 and 2021. (Round percentages to 1 decimal place, es, 121%) AYAYAI CORP Condensed Income Statement 2022 2021 Amount Percent Amount Percent Sales $836,700 $650.500 % Cost of goods sold 518.754 % 409,815 e to search ORE Question 5 of 9 -/1 E AYAYAI CORP Condensed Income Statement 2022 2021 Amount Percent Amount Percent Sales $836,700 % $650,500 96 Cost of goods sold 518,754 % 409,815 % Gross profit 317.946 96 % 240,685 % Selling expenses 125,505 % % 71.555 % Administrative expenses 75,303 $ 52,040 % Total operating expenses 200,808 % 123,595 Income before income taxes 117.138 % 117,090 % Income tax expense 33,468 X 26,020 Net income $83,670 %6 $ 91,070 96 Save for Later Attempts: 0 of 1 used Submit Answer arch O TT