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Operating data for Sunland Land Corporation are presented below: December 31, 2021 December 31, 2020 Sales revenue $ 895,000 $ 695,000 Cost of goods sold 499,410 408,660 Selling expenses 139,620 97,300 Administrative expenses 100,240 73,670 Income tax expense 42.960 44,480 Net income 112,770 70,890 Prepare a schedule showing a vertical analysis for 2021 and 2020. (Round percentages to 1 decimal place, es. 12.1%) SUNLANDLAND COMPANY Condensed Income Statement For the Years Ended December 31 2021 2020 Amount Percentage Amount Percentage Sales revenue % $895,000 se $695,000 Cost of goods sold 499.410 % 408,660 % Gross profit 395,590 % 286,340 % Selling expenses 139,620 % 97,300 % Administrative expenses 100,240 % 73,670 % Total operating expenses 239,860 % 170,970 % Income before income taxes 155.730 % 115,370 % Income tax expense 42.960 %6 44,480 % Net income $ 112,770 % $ 70,890 %