Use the following income statomart to perform a vertical analysis and check seling, general, and adminish (SWpes when the industry average of 36 percent 20 (Click the icon to view the income statement) Complete the vertical analysis below. (Round percentages to the nearest tenth percent, XX%.) Income Statement Percent Inc Katana Corp Income Statement adapted) For the Year Ended November 30, 2020 Amount Net sales S 303,405 147,450 Cost of goods sold Gross margin 155,955 107,635 Seling, general, and administrative expenses Income from operations 48,320 20,895 Income tax expense S 27,425 Net income Katana Corp Income Statement For the Year Ended November 30, 2020 Net Sales S 303,405 147.450 Cost of goods sold Gross margin 156,955 107,635 Selling general, and administrative expenses Income from operations 48,320 20,895 Income tax expense $ 27,425 Net Income