Comparative Income statement data for Ivanhoe Inc and Bridgeport Ltd, two competitors are shown below for the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Operating expenses Proht from operations Interest expense Proht before income tax Income tax expense Ivanhoe $1.670,000 963.590 706,410 484,300 222.110 6,810 215,300 64590 $150.710 Bridgeport $530,000 327.540 202,460 92,750 109.710 1,252 108,458 27.115 $81,343 Pront Additional information: Average total assets Average total shareholders' equity $932.000 805,000 $288,563 266,808 Using vertical analysis calculate the percentage of the base amount of the income statement for each company. (Round answers to 1 decimal place, eg. 12,5%) IVANHOE AND BRIDGEPORT COMPANIES Income Statements Ivanhoe Percent Bridgeport Percent Net sales Cost of goods sold Gross profit Operating expenses % % % Profit from operations Interest expense % Proht before income tax X Income tax expense Proht %