Extend the income statement for Miss Muffins' Bakery to include a vertical analysis for 2012 and 2013.

Miss Muffins' Bakery Vertical Analysis of Income Statement for the Months Ending July 31, 2012 and July 31, 2013 Percent of Net Sales Percent of Net Sales 2013 2012 Gross sales Returns and allowances Net sales Cost of beginning inventory Cost of purchases Cost of ending inventory Cost of goods sold Gross profit Total operating expenses Net income