The Income statements for Federer Sports Apparel for 2025 and 2024 are presented below. Required: Prepare a vertical analysis of the data for 2025 and 2024. (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 2025 2024 Amount % Amount % $ 18,000,000 $ 14,700,000 13,500,000 6,526,800 4,500,000 8,173,200 1,386,000 1,014,300 810,000 837,000 54,000 0 1,296,000 235,200 954,000 6,085,800 288,000 1,778,700 $ 666,000 $ 4,307,100