Data table

$\backslash$table$[[\backslash$table$[[$Russell Department Stores, Inc.$],[$Income Statement Compared with Industry Average$],[$Year Ended December $31,2024]]],[,,$ussell,$\backslash$table$[[$Industry$],[$Average$]]],[$Net Sales Revenue,$$,779,000,100\mathrm{.}0\%],[$Cost of Goods Sold,,$524,267,65\mathrm{.}8],[$Gross Profit,,$254,733,34\mathrm{.}2],[$Operating Expenses,,$161,253,19\mathrm{.}7],[$Operating Income,,$93,480,14\mathrm{.}5],[$Other Expenses,,$4,674.,0\mathrm{.}4],[$Net Income,$$,88,806,14\mathrm{.}1\%]]$ Requirements

Prepare a vertical analysis for Russell for both its income statement and

balance sheet.

Compare the company's profit performance and financial position with the

average for the industry.The Russell Department Stores, Inc. chief executive officer $($CEO$)$ has asked you to compare the company's profit performance and financial position with the averages for the industry. The CEO has

given you the company's income statement and balance sheet as well as the industry average data for retailers.

$($Click the icon to view the income statement.$)$

$($Click the icon to view the balance sheet.$)$

Read the requirements.

Requirement $1.$ Prepare a vertical analysis for Russell for both its income statement and balance sheet.

Begin by preparing a vertical analysis for Russell for its income statement. $($Round the percent of total amounts to one decimal place, X$.$X$,$ and do not enter the $\%.$ For example, enter $10\mathrm{.}1\%$ as $10\mathrm{.}1.$

please answer the requirements.