The income statements for Federer Sports Apparel for 2022 and 2021 are presented below. Required: Prepare a vertical analysis of the data for 2022 and 2021. (Round your percentage answers to 1 decimal place.) % FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2022 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 $ 2021 Amount 15,900,000 7,250,400 8,649,600 1,287,900 1,097,100 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 365,700 5,898,900 2,114,700 3,784,200