1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. (Round your answers to the nearest whole percent.)

PB13-4 Vertical Analysis of an Income Statement [LO 13-3, LO 13-5] A condensed income statement for Northeast Airlines and a partially completed vertical analysis are presented below Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. Round your answers to the nearest whole percent.) NORTHEAST AIRLINES Income Statement (summarized) For the Year Ended December 31 (in millions of U.S. dollars) 2013 2012 $ 17.760 4,995 6,903 4,610 30 1,222 460 $762 1001% Sales Revenues Salaries and Wages Expense Fuel, Oil, Repairs, and Maintenance Other Operating Expenses Other Expenses (Revenues) Income before Income Tax Expense Income Tax Expense Net Income 100%! $ 17,199 4,789 7,313 4.515 (66) 648 250 %| $ 398 28 26