Sports Emporium has two operating segments: sporting goods and sports apparel. The income statement for each operating segment is presented below. Required: 1 Complete he g 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. SPORTS EMPORIUM Income Statement For the Year Ended December 31, 2018 Sporting Goods Sports Apparel Amount Net sales S 1,800,000 S 970,000 440,000 530,000 340,000 190,000 (15,000) 175,000 70,000 $105,000 Cost of goods sold 1,040,00 Gross profit Operating experises 760,000 450,000 310,000 20,000 330,000 80,000 S 250,000 Operating income Other income (expense) Income before tax Income tax expense Net income 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? O Sporting Goods O Sports Apparel