> Here are comparative financial statement data for Sandhill Company and Whispering Company, two competitors. All data are as of December 31, 2025, and December 31, 2024. Net sales Cost of goods sold Operating expenses Interest expense Income tax expense Current assets Plant assets (net) Current liabilities Long-term liabilities Common stock, $10 par Retained earnings (a) Sandhill Company 2025 $1,889,000 1,074,000 270,000 6,900 953,508 65,800 590,015 $565,462 120,048 206,322 905,000 2024 312,153 4 905,000 137,225 162,900 905,000 265,337 Whispering Company 2025 $578,000 284,000 92,000 3,500 29,000 150,838 252,908 63,980 53,612 217,200 68,954 2024 $143,835 227,720 54,809 45,250 217,200 54,296 Prepare 2025 income statements and a vertical analysis for Sandhill Company and Whispering Company. (Round percentage answers to 1 decimal place, e.g. 2.5%.) Condensed Income Statement For the Year Ended December 31, 2025

Here are comparative financial statement data for Sandhill Company and Whispering Company, two competitors. All data are as of December 31,2025, and December 31,2024. (a) Prepare 2025 income statements and a vertical analysis for Sandhill Company and Whispering Company, (Round percentage answers to 1 decimal place, e. 3.2.5%. Condensed Income Statement For the Year Ended December 31, 2025