The following is the Income Statement for Bosco Incorporated. For the year ended: December 31, 2022 Net Sales $38,500 Cost of Goods sold 22,750 Gross Profit 15,750 Sales and administration Expense 12,250 Interest Expense 75 Income before Taxes 3,425 Income Tax Expense 827 Net Income 2,598 Perform vertical analysis on Bosco Incorporated's Income before Taxes for 2022. The following is the Income Statement for Bosco Incorporated. For the year ended: December 31, 2022 Net Sales $38,500 Cost of Goods sold 22,750 Gross Profit 15,750 Sales and administration Expense 12,250 Interest Expense 75 Income before Taxes 3,425 Income Tax Expense 827 Net Income 2,598 Perform vertical analysis on Bosco Incorporated's Income before Taxes for 2022. 13.2% 75.9% 11.2% 8.9%