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. Note: Round your percentage answers to 1 decimal place. FEDERER SPORTS APPAREL Income Statements For the Years Ended December 31 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 2025 2024 Amount % Amount $ 18,800 $ 15,500 13,200 7,000 5,600 8,500 1,600 1,200 1,000 1,000 200 0 1,500 300 1,300 6,000 450 2000 $ 850 $ 4,000