Complete the following income statement and vertical analysis. Express percents to the nearest tenth of a percent?

Serpa's Gifts Income Statement For Year Ending December 31, 2012 Percent of net sales Revenue: Gross sales Sales returns and allowances Net sales Cost of goods sold: Beginning inventory, January 1, 2012 Purchases Ending inventory, December 31, 2012 Cost of goods sold Gross profit from sales Operating expenses: Salary Rent Utilities Insurance Fees Depreciation Miscellaneous Total operating expenses Net income $148,645 8,892 12,100 47,800 11,950 25,500 4,500 1,445 2,100 225 1,240 750