Need help with the red values please

Return to question Perez Company reported the following operating results for two consecutive years: Required Compute each income statement component for each of the two years as a percent of sales. (Percentages may not add exactly due to rounding. Round your answers to 1 decimal place. (i.e., 0.234 should be entered as 23.4).) x Answer is complete but not entirely correct. PEREZ COMPANY Vertical Analysis of Income Statements Year 4 Percentage of Year 3 Percentage of Sales Sales Sales $ 1,001,000 100.0% $ 1,080,000 100.0 % Cost of goods sold 550,550 55.0 598,800 55.5 Gross margin on sales 450,450 45.0 481,200 44.5 Operating expenses 130,900 13.1 150,200 12.5 X Income before taxes 319,550 31.9 331,000 31.3 X Income taxes 79,400 6.0 X 81,400 7.5 Net income $ 240, 150 23.0 X % $ 249,600 25.0 X %