Question: Operating data for Poll Corporation are presented below. 2017 2016 Net sales $900,000$700,000 Cost of goods sold 570,000450,000 Selling expenses 140,00090,000 Administrative expenses 80,00060,000 Income

Operating data for Poll Corporation are presented below.

2017 2016

Net sales $900,000$700,000

Cost of goods sold 570,000450,000

Selling expenses 140,00090,000

Administrative expenses 80,00060,000

Income tax expense 33,00030,000

Net income 77,00070,000

Instructions

(a) Prepare a schedule showing a vertical analysis for 2017 and 2016.

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