The income statements for Federer Sports Apparel for 2019 and 2018 are presented below Required Prepare a vertical analysis of the data for 2019 and 2018. (Round your answers to 1 decimal place.) FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2019 2018 Amount Amount $ 19,200,000 13,017,600 6,182,400 1,708,800 1,094,400 288,000 1,612,800 1,478,400 537,600 $940,800 $ 15,900,000 7,250,400 8,649,600 1,287,900 1,097,100 0 365,700 5,898,900 2,114,700 $ 3,784,200 Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income tax expense Net income