Vertical Analysis Income statement information for Einsworth Corporation follows: Sales Cost of goods sold Gross profit $347,000 114,510 232,490 Prepare a vertical analysis of the income statement for Einsworth Corporation. If required, round percentage answers to the nearest whole number. Einsworth Corporation Vertical Analysis of the Income Statement Amount Percentage Sales $347,000 % Cost of goods sold 114,510 Gross profit $232,490 %