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 (Round your answers to 1 decimal place.) percentage of sales. SPORTS EMPORIUM Income Statement For the Year Ended December 31, 2018 Sporting Goods Sports Apparel Amount % Amount Net sales Cost of goods sold 1,950,000 S 1,030,000 1,100,000 470,000 Gross profit 850,000 560,000 Operating expenses 510,000 400,000 Operating income 340,000 160,000 Other income (expense) 23,000 (18,000) Income before tax 363,000 142,000 Income tax expense 86,000 76,000 66,000 Net income $ 277,000