Upudunguu Joshua Corporation are presented below. 2020 2019 Sales revenue $754,000 $595,000 Cost of goods sold 468,234 391,510 125,164 67,830 Selling expenses Administrative expenses 63,336 55.930 Income tax expense 35.438 27.965 Net income 61.828 51.765 Denare a schedule showing a vertical analysis for 2020 and 2019 Prepare a schedule showing a vertical analysis for 2020 and 2019. (Round answers to 1 decimal place, eg. 48.5%) JOSHUA CORPORATION Condensed Income Statements For the Years Ended December 31 2020 2019 Amount Percent Sales revenue Amount Percent $754,000 96 Cost of goods sold 468,234 $595,000 391510 285.766 203.490 Gross profit Selling expenses Administrative expenses 125,164 63,336 67.830 55.930 Total operating expenses 188,500 123.760 Income before income taxes 97266 79.730 Income taxes expense 35.438 27,965 Net income $61.828 $51,765