Operating data for Taylor Corporation are presented below. Using the Excel spreadsheet provided, prepare a schedule showing a vertical analysis for 2018 and 2017.

	2018	2017
Sales revenue	$800,000	$600,000
Cost of goods sold	520,000	408,000
Selling expenses	120,000	72,000
Administrative expenses	60,000	48,000
Income tax expense	30,000	24,000
Net income	70,000	48,000

(CGS percent. = CGS Sales rev.)