The following income statement was prepared by Case Company for Year $2$

$\backslash$table$[[$Sales$,],[$Cost of goode,$],[$Gross margin,$109,000],[$Selling and administrative expense,$61,300],[$Interest expense,$41,790],[$Total expenses,$22,900],[$Income before taxes,$5,900],[$Income tax expense,$28,800],[$Net income,$12,900]]$

Required:

Perform vertical analysis for Case Company's Year $2$ income statement.

Note: Round percentages to $1$ decimal place.

$\backslash$table$[[\backslash$table$[[$Case Company$],[$Vertical Analysis of Income Statements$]]],[,\backslash$table$[[$Percentage of$],[$Sales$]]],[$Sales$,|$l$|\backslash ],[$Cost of goods sold,$\%$