Here are comparative statement data for Duke Company and Lord Company, two competitors. All balance sheet data are as of December 31, 2020, and December 31, 2019.

		Duke Company				Lord Company
		2020		2019		2020		2019
Net sales		$1,830,000				$559,000
Cost of goods sold		1,099,830				296,829
Operating expenses		269,010				78,260
Interest expense		7,320				3,913
Income tax expense		54,900				6,149
Current assets		323,000		$312,700		83,200		$79,200
Plant assets (net)		519,300		500,600		139,200		124,200
Current liabilities		65,200		75,200		36,800		28,600
Long-term liabilities		108,000		90,000		29,800		26,000
Common stock, $10 par		500,000		500,000		117,000		117,000
Retained earnings		169,100		148,100		38,800		31,800

(a) Prepare a vertical analysis of the 2020 income statement data for Duke Company and Lord Company. (Round percentages to 1 decimal place, e.g. 12.1%.) Condensed Income Statement Duke Company Lord Company Dollars Percent Dollars Percent % $ % % % % % % % % % % % % % % % % % Click if you would like to Show Work for this question: Open Show Work