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 9 % S $ 2021 Amount 16,400,000 7,560.400 8,839,600 1.410.400 1.213.600 a 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 19,700,000 12,765,600 6,934.400 1,851.800 1,221.400 394,000 1.753,300 1,713.900 650.100 1,063,800 0 246.000 5,969.600 2.263.200 3706,400 S S