Operating data for Bramble Corp. are presented below 2017 2016 Sales revenue $626,800 $827,200 Cost of goods sold 529,100 412,600 Selling expenses 121,800 73,700 Administrative expenses 73,200 50,000 27,100 Income tax expense 33,400 69,700 63,400 Net income Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, e.g. 12.1%.) BRAMBLE CORP. Condensed Income Statement 2017 2016 Amount Percent Amount Percent $827,200 % $626,800 % Sales % 412,600 % Cost of goods sold 529,100 298,100 % % Gross profit 214,200 121,800 % 73,700 % Selling expenses 73,200 % % Administrative expenses 50,000 195,000 % % Total operating expenses 123,700 % 90,500 % 103,100 Income before income taxes 27,100 % Income tax expense 33,400 % % 69,700 % 63,400 Net income 9/6 9/6