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 2022 % 100.0 Net sales Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income Statement For the Years Ended December 31 2022 Amount % 18,600,000 100.0 $ 13,280,400 5,319,600 1,543,800 948,600 167,400 1,450,800 1,209,000 409,200 $ 799,800 2021 Amount 15,300,000 6,885,000 8,415,000 1,147,500 963,900 321,300 5,982,300 1,943,100 4,039,200 Income tax expense Net income