Performing a Vertical and Horizontal Analysis Complete a vertical analysis of the following income statement from Gomez Corporation Do not use a negative sign in your answers. Round to the nearest whole percentage point (for example, enter 60 for 60.4% or 61 for 60.5%) Vertical Analysis 2020 2019 Income Statement Revenues 2020 2019 $145,000 $159,500 % of Sales % of Sales 100% 100% Cost of goods sold 102.400 115.200 0% 0% Gross margin 42,600 44,300 0% 0% Operating expenses 30,800 35,000 0% 0% Net income $11,800 $9,300 ON Complete a horizontal analysis of the following income statement from Gomez Corporation Use a negative sign to indicate a decrease. Round to the nearest whole percentage point (for example, enter 60 for 60 4% or 61 for 60.5%) Horizontal Analysis Income Statement Revenues 2020 $145,000 $159,500 $ 2019 Dellar Change Percentage Change 0% Cost of goods sold Gross margin 102.400 115,200 $ 0 0% 42,600 44,300 5 0 Operating expenses Net income 30.800 $11,800 35,000 $ 0 $9300 0. Next