need help please with this practice problem

TIE Question 7 View Policies Current Attempt in Progress er Operating data for Flint Corporation are presented below. 2019 Sales revenue $570,000 $30,000 Cost of goods sold 586.380 412020 ce Selling expenses 133,110 82.530 Administrative expenses 66,990 55,440 Income tax expense 35,670 23.310 Net income 47.850 56,700 Prepare a schedule showing a vertical analysis for 2020 and 2019. (Round percentages to I decimal places. 12.1%) FLINT CORPORATION search 5.4 PM 622020 Up 8 s % 3 4 2 5 6 7 on 9 backspace home 1 E R T > O ] D F G UL HOE M L enter DO ? V Dause B N t shirt alt Ctrl Prepare a schedule showing a vertical analysis for 2020 and 2019. (Round percer ages to 1 decimal place, eg. 12.1%) FLINT CORPORATION Condensed Income Statement 2020 2019 Amount Percent Amount Percent Sales $870.000 % $630,000 Cost of goods sold 586.380 % 412,020 %6 Gross profit 283.620 % 217.980 Selling expenses % 133.110 % Administrative expenses 82 530 % 66.990 % Total operating expenses 55.440 96 200.100 Income before income taxes % 137.970 83520 96 Income tax expense 80010 35.670 36 Net income 23.310 $47850 % 556.700 ds 3 4 5 & 6 7 8 9 O E R Y U O P C F H DOO ic cv B enter N DOOR M De t shirt end