Vertical analysis

Income statement information for Einsworth Corporation follows:

Sales $$198,000$

Cost of goods sold

$71,280$

Gross profit

$126,720$

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

$\backslash$table$[[$Line Item Description,Amount Percentage,$],[$Sales$,$$$198,000,],[$Cost of goods sold,$71,280,],[,,],[$Gross profit,$$126,720,\%$