Current Attempt in Progress The most recent annual income statement for Vertigo Enterprises is presented below. Prepare a vertical analysis of the statement. (Round percentages to O decimal places, e.g. 15. Do not enter a percentage sign in your answer.) Income Vertigo Enterprises Income statement $648,000 Expenses Cost of sales (COS) 281,000 Advertising expense 64,400 Insurance expense 32,900 Rent expense 48,500 Utilities expense 3,680 Depreciation 26,900 Wages and salaries 121,500 Interest expense 9,800 Total expenses (including COS) 588,680 Profit $59,320 Total income VERTIGO ENTERPRISES Income statement 648,000 Cost of sales 281,000 Gross profit Expenses Advertising expense 64,400 Insurance expense 32,900 48,500 Rent expense Utilities expense 3,680 Depreciation 26,900 Wages and salaries 121,500 Interest expense 9,800 Total expenses Profit % relative to income