Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $549,000 $483,000 Cost of goods sold 345,870 270,480 Selling expenses 82,350 86,940 Administrative expenses 87,840 72,450 Income tx expense 10,980 19,320 a. Prepare an income statement in comparative form, stating each item for both years as a percent of sales. If required, round Enter all amounts as positive numbers. Innovation Quarter Inc. Comparative Income Statement