Current Attempt in Progress Operating data for Grouper Corp. are presented below Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net Income 2022 $842,800 529,300 124.400 79.500 36.000 73.600 2021 $645,500 411.200 79.500 50 100 27.500 77,200 Prepare a schedule showing a vertical analysis for 2022 and 2021. Round percentages to 1 decimal place, es 12.1%) GROUPER CORR Condensed Income Statement 2022 2021 Percent Percent Amount Amount $842 800 Sales 5645.500 Cost of goods sold 529.300 411.200 Gross profit 319 500 * 234 300 Selling expenses 124,400 X 79.500 Administrative expenses 79.500 5 50.100 Total operating expenses 203.900 % 129,500 Income before income taxes 109.600 * 104.700 Income tax expense 36.000 27500 Net income $73.600 $77.200 e Textbook and Media Seforier Attempts of 3 used Submit