Drop down options for drop downs 1, 2, 4, and 6

Sales

Cost of goods sold

Administrative expenses

Income tax expense

Net income

Third drop down option

Sales

Cost of goods sold

Selling expenses

Income tax expense

Net income

Fifth drop down option

Gross profit

Income from operations

Net income

Total expenses

Sales

Vertical Analysis of Income Statement Revenue and expense data for Rogan Technologies Co. are as follows: 20Y7 $491,000 245,500 98,200 88,380 24,550 20Y8 Sales Cost of goods sold Selling expenses Administrative expenses Income tax expense $552,000 331,200 88,320 93,840 16,560