Operating data for Poll Corporation are presented below. 2020 2019 Net sales $ 900,000 $ 700,000 576.000 455,000 144.000 91.000 Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 81,000 63.000 29,700 27,300 69.300 63,700 (a) Prepare a schedule showing a vertical analysis for 2020 and 2019. (Round answers to 1 decimal place, eg. 15.2%.) POLL CORPORATION Condensed Income Statements For the Years Ended December 31 2020 2019 Amount Percent Amount Percent Sales $ 900,000 % $ 700,000 % Cost of goods sold 576,000 % 455,000 % Gross profit 324.000 % 245.000 % Selling expenses 144,000 % 91,000 % Administrative expenses 81,000 % 63,000 % Total operating expenses 225,000 % 154,000 % Income before income taxes 99.000 % 91.000 % Income taxes expense 29,700 % 27.300 % Net income $ 69,300 % $ 63.700 %