Operating data for Whispering Winds Corp. are presented below 2017 072016 $843,200 $649,500 530,500 410,300 124,100 73,600 53,900 38,900 24,600 72,500 87,100 Sales revenue Cost of goods sold Selling expenses Administrative expenses77,200 Income tax expense Net income Prepare a schedule showing a vertical analysis for 2017 and 2016. (Round percentages to 1 decimal place, eg. 12.1%.) WHISPERING WINDS CORP Condensed Income Statement 2017 2016 Amount $843,200 530,500 312,700 124,100 77,200 201,300 Income before income taxes 111,400 38,900 $72,500 Percent Amount % $649,500 % 410.300 % 239,200 % 73,600 % 53,900 % 127,500 % 111,700 % 24,600 % $87,100 Percent Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income tax expense Net income