Selected data (in thousands) from the statement of income of Golden Valley Inc. are shown below. Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.g. 5.2%.) Sales Cost of goods sold Gross profit Operating expenses Income before income tax Income tax expense Net income eTextbook and Modia Amount $1,896 1,615 281 220 61 12 $49 2024 Percentage % do % % % de % % % Amount $2,092 1,680 412 209 203 41 $162 2023 Percentage % % % % % % %

Selected data (in thousands) from the statement of income of Golden Valley Inc. are shown below. Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.s. 5.2\%.) Selected data (in thousands) from the statement of income of Golden Valley Inc, are shown below. Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.g. 5.2X.)