Required: Prepare a vertical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place.) FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2022 2021 Amount % Amount % $ 18,800,000 13,200,000 5,600,000 1,600,000 1,000,000 $ 15,500,000 7,000,000 8,500,000 1,200,000 1,000,000 Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income tax expense Net income 0 200,000 1,500,000 1,300,000 450,000 850,000 300,000 6,000,000 2,000,000 4,000,000 $ $