X 20 7 mmand 14 21 8 PAttendance Course Project... In-Class Exercises V 15 WA 4-Naturall MadBook Pro 22 T AM 16 Og P Net sales (credit) Cost of goods sold Gross profit Operating expenses Depreciation expense Inventory write-down Loss (litigation) Income before tax Income tax expense Net income A 2023-Fall-AC PULLM-1-06-05312-Intro to Financial Accounting 2023-Fall-B LAW-210- PULLM-1-01-05673-Law & Legal Environment of Bus 2023-Fall-ECONS-101- PULLM-1-04-03890-Fund of Microeconomics 2023-50E-101-PU- 02-05/242-Welcome to the Batti & Gedlogy 113 Amount $18,800,000 13,200,000 5,600,000 1,600,000 1,000,000 200,000 1,500,000 1,300,000 450,000 $850,000 UNIDATTED 12 Financial Ratio Project First Name Petra Last Name Lindner ID 11798747 SEC. 1. The income statements for Federer Sports Apparel for 2025 and 2024 are presented below. Prepare a vertical analysis of the data for 2025 and 2024. (Round your percentage answers to 1 decimal place.) FEDERER SPORTS APPAREL E Income Statement For the Years Ended December 31 2025