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The comparative balance sheet of Cookie & Coffee Creations Inc. at October 31, 2023 for the years 2023 and 2022 , and the income statements

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The comparative balance sheet of Cookie \& Coffee Creations Inc. at October 31, 2023 for the years 2023 and 2022 , and the income statements for the years ended October 31,2022 and 2023 , are presented below. Additional information Natalie and Curtis are thinking about borrowing an additional $20,000 to buy more kitchen equipment. The loan would be repaid over a 4-year period. The terms of the loan provide for equal semi-annual payments of $2,500 on May 1 and November 1 of each year, plus interest of 5% on the outstanding balance. Prepare a vertical analysis of the income statement for Cookie \& Coffee Creations Inc. for 2023 and 2022. (Round percentages to

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