Comparative income statement data for Sunland Inc and Marigold Ltd., two competitors are shown below for the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Operating expenses Profit from operations Interest expense Profit before income tax Income tax expense Profit Sunland $1,700.000 953,700 746,300 425.000 321,300 6,080 315.220 94,566 $220,654 Marigold $504.000 313.488 190.512 89.208 101 304 1.252 100.052 25.013 $75,039 Additional information: Average total assets Average total shareholders' equity $899.000 735,000 $255,563 196,808 W P 0 Using vertical analysis, calculate the percentage of the base amount of the income statement for each company. (Round ans to 1 decimal place, eg. 12.5%) SUNLAND AND MARIGOLD COMPANIES Income Statements Sunland Percent Marigold Percent Net sales se % Cost of goods sold % %6 Gross profit % % Operating expenses % %6 % % Profit from operations Interest expense % % Profit before income tax % %6 Income tax expense % % Profit %