The most recent annual income statement for Vertigo Enterprises is presented below. Prepare a vertical analysis of the statement. (Round percentages to O decimal places, e.g. 15. Do not enter a percentage sign in your answer.) Income Vertigo Enterprises Income statement $647,000 Expenses Cost of sales (COS) 280,000 Advertising expense 60,000 Insurance expense 30,000 Rent expense 48,000 Utilities expense 3,500 Depreciation 24,000 Wages and salaries 120,000 Interest expense 9,000 Total expenses (including COS) 574,500 Profit $72,500