Using the following income statements, perform the calculations needed for vertical analyses. (Round percentage values to 1 decimal place.) LOCKEY FENCING CORPORATION Income Statements For the Years Ended December 31 Current Previous $145,000 76,000 69,000 11,700 57,300 3,900 53,400 16,020 $ 37,380 %| $ 102,000 58,500 43,500 6,300 37,200 5,100 32,100 9,630 %| $ 22,470 Net Sales Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Income from Operations Interest Expense Income before Income Tax Income Tax Expense Net Income