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.) $ 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 FEDERER SPORTS APPAREL Income Statement For the Years Ended December 31 2022 Amount 17,800,000 $ 13,563,600 4,236,400 1,335,000 765,400 17,800 1.246,000 872,200 249,200 2021 Amount 14,500,000 6,409,000 8,091,000 971,500 797,500 0 203,000 6,119,000 1.725,509 4,393,500 $ 623,000