Question: fill in all the blanks Selected data (in thousands) from the statement of income of Crown Point Inc. are shown below. Using vertical analysis, calculate

fill in all the blanks fill in all the blanks Selected data (in thousands) from the statement

Selected data (in thousands) from the statement of income of Crown Point Inc. are shown below. Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.g. 5.2%) Amount 2021 Percentage 2020 Percentage Amount Sales $1.912 $2.066 % Cost of goods sold 1,622 % 1,690 % Gross profit 290 % 376 Operating expenses % % 217 % 210 73 % Income before income tax Income tax expense 166 96 15 % 33 % Net income $58 % $133 %

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