1-b. Not available in Connect. 2-a. Conduct a vertical analysis by expressing each line as a percentage of total revenues. (Round your answers to 1 decimal place. Input all amounts as positive values.) 2012 117,960 $ COMPUTER TYCOON, INC. Vertical Analysis of Income Statements For the Years Ended December 31 2013 Sales revenues $ 99,500 % Costs of goods sold 61,500 Gross profit 38,000 Selling, general and Administrative expenses 30,000 Interest expense Income before income tax expense 7,424 Income tax expense 3,772 Net income S 3652 % % 70,776 5761 47,184 30,000 460 16.724 4,784 11,940 $