View Policies Current Attempt in Progress Coronado Corporation, Inc. has the following income statement (in millions): Coronado Corporation, Inc. Income Statement For the Year Ended December 31, 2020 Net Sales $340 Cost of Goods Sold 224 Gross Profit 116 Operating Expenses 65 Net Income $51 Using vertical analysis, what percentage is assigned to net income? 85% 100% 15% 22%