Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below.

Required: 1. Complete the "%" columns to be used in a vertical analysis of Sports Emporium's two operating segments. Express each amount as a percentage of sales. (Round your answers to 1 decimal place.)

2. Use vertical analysis to compare the profitability of the two operating segments. Which segment has a higher net income as a percentage of net sales?

SPORTS EMPORIUM Income Statement For the Year Ended December 31, 2021 \begin{tabular}{|l|r|r|r|} \hline & \multicolumn{2}{|c|}{ Sporting Goods } & \multicolumn{2}{c|}{ Sports Apparel } \\ \hline & Amount & Amount \\ \hline Net sales & $2,025,000 & $3,060,000 \\ \hline Cost of goods sold & 1,130,000 & 485,000 \\ \hline Gross profit & 895,000 & 575,000 \\ \hline Operating expenses & 540,000 & 430,000 \\ \hline Operating income & 355,000 & 145,000 \\ \hline Other income (expense) & 24,500 & (19,500) \\ \hline Income before tax & 379,500 & 125,500 \\ \hline Income tax expense & 89,000 & 79,000 \\ \hline Net income & $290,500 & $56,500 \\ \hline \hline \end{tabular}