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Two income statements for Cornea Company follow: Cornea Company Income Statements For the Years Ended December 31 2099 2018 Fees earned $1,610,000 (772,800) $1,370,000 (808,300)

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Two income statements for Cornea Company follow: Cornea Company Income Statements For the Years Ended December 31 2099 2018 Fees earned $1,610,000 (772,800) $1,370,000 (808,300) Expenses Net income $837,200 $561,700 a. Prepare a vertical analysis of Cornea Company's income statements. If required, round your perce Cornea Company Income Statements For the Years Ended December 31 2079 20Y8 Amount Percent Amount Percent Fees earned $1,610,000 17 X % $1,370,000 17 X % Expenses (772,800) % (808,300) % Operating income $837,200 % $561,700 %

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