Vertical Analysis For each row of the Income Statement Calculate the Vertical Analysis percentage. Round to 1 place past the decimal (Example: Enter number as 14.0, 12.2, 100.0, 9.7) Amount Percent Sales $100,000 % Cost of Goods Sold 40,000 % Gross Profit $ 60,000 % Selling Expense 30,000 % Admin Expense 6,000 % Operating Income $ 24,000 % Interest Expense 1,000 % Net Income $ 23,000 %