Question: Hello need help with the white boxes 2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $838,100

Hello need help with the white boxes

Hello need help with the white boxes 2017 2016 Sales revenue Costof goods sold Selling expenses Administrative expenses Income tax expense Net income

2017 2016 Sales revenue Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $838,100 525,000 125,800 77,400 35,500 74,400 $639,000 410,600 77,700 51,500 27,600 71,600 Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, eg, 12.1%.) Prepare a schedule showing a vertical analysis for 2017 and 2016, (Round percentages to 1 decimal place, eg, 12.1%.) CULVER CORPORATION Condensed Income Statement For the Years Ended December 31 2017 2016 Amount Percent Amount Percent 100%$639,000 62.61 % 410,600 37.41 % 228,400 77,700 51,500 Sales $838,100 1001 % Cost of goods sold Gross profit Selling expenses 525,000 643] % 313,100 35.71 % 125,800 Administrative expenses 77,400 Total operating expenses 203,200 % 129,200 Income before income taxes 109,900 99,200 27,600 %71,600 Income tax expense 35,500 Net income $ 74,400 Click if you would like to Show Work for this question: Open Sh

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