Operating data for Ayayai Corp. are presented below.

		2017		2016
Sales revenue		$836,700		$650,500
Cost of goods sold		521,400		409,700
Selling expenses		126,900		75,800
Administrative expenses		78,800		51,500
Income tax expense		35,100		25,600
Net income		74,500		87,900

Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, e.g. 12.1%.)

AYAYAI CORP. Condensed Income Statement For the Years Ended December 31December 31For the Month Ended December 31
	2017					2016
	Amount		Percent			Amount		Percent
Sales	$836,700			%		$650,500			%
Cost of goods sold	521,400			%		409,700			%
Gross profit	315,300			%		240,800			%
Selling expenses	126,900			%		75,800			%
Administrative expenses	78,800			%		51,500			%
Total operating expenses	205,700			%		127,300			%
Income before income taxes	109,600			%		113,500			%
Income tax expense	35,100			%		25,600			%
Net income	$ 74,500			%		$ 87,900			%