Operating data for$$Indigo$$Corporation are presented below.

$2022$

$2021$

Net sales

$$915,000$

$$715,000$

Cost of goods sold

$572,790$

$453,310$

Selling expenses

$142,740$

$92,950$

Administrative expenses

$83,265$

$62,920$

Income tax expense

$46,482$

$42,328$

Net income

$69,723$

$63,492$

Prepare a schedule showing a vertical analysis for $2022$ and $2021.($Round percentages to $1$ decimal place, e$.$g$.12\mathrm{.}1\%.)$

INDIGO$$CORPORATION

Condensed Income Statements

choose the accouning period$$December $31$For the Month Ended December $31$For the Years Ended December $31$

$2022$

$2021$

Amount

Percent

Amount

Percent

Net sales

$$915,000$

enter percentages rounded to $1$ decimal place

$\%$

$$715,000$

enter percentages rounded to $1$ decimal place

$\%$

Cost of goods sold

$572,790$

enter percentages rounded to $1$ decimal place

$\%$

$453,310$

enter percentages rounded to $1$ decimal place

$\%$

Gross profit

$342,210$

enter percentages rounded to $1$ decimal place

$\%$

$261,690$

enter percentages rounded to $1$ decimal place

$\%$

Selling expenses

$142,740$

enter percentages rounded to $1$ decimal place

$\%$

$92,950$

enter percentages rounded to $1$ decimal place

$\%$

Administrative expenses

$83,265$

enter percentages rounded to $1$ decimal place

$\%$

$62,920$

enter percentages rounded to $1$ decimal place

$\%$

Total operating expenses

$226,005$

enter percentages rounded to $1$ decimal place

$\%$

$155,870$

enter percentages rounded to $1$ decimal place

$\%$

Income before income taxes

$116,205$

enter percentages rounded to $1$ decimal place

$\%$

$105,820$

enter percentages rounded to $1$ decimal place

$\%$

Income tax expense

$46,482$

enter percentages rounded to $1$ decimal place

$\%$

$42,328$

enter percentages rounded to $1$ decimal place

$\%$

Net income

$$69,723$

enter percentages rounded to $1$ decimal place

$\%$

$$63,492$

enter percentages rounded to $1$ decimal place

$\%$