Comparative data from the income statement of Fleetwood Corporation are shown below.

Instructions
Using vertical analysis, calculate the percentage of the base amount for each year?

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Net sales Cost of goods sold Gross profit Operating expenses Profit before income tax Income tax expense Proit 2014 $800,000 550,000 250,000 175,000 75,000 18,750 S 56,250 2013 $600,000 375,000 225,000 125,000 100,000 25,000 75,000