Please explain as well :)

Problem 2 - Prepare a vertical analysis schedule Here is the operating data for Yalis Cleaning, Inc.: 2021 2020 $476,000 Service revenue $523,000 Operating expenses 385,500 319,800 Income tax expense 34,375 39,050 Net income $103,125 $117,150 Purpose The purpose of this problem is to demonstrate an understanding of preparing a vertical analysis schedule. Instructions After analyzing the transactions, prepare a vertical analysis schedule for the company for 2021 and 2020 using service revenue as the base amount. Round percentages to two decimal places. Guidance For formatting guidance, see the vertical analysis examples that are provided in Chapter 13 of the textbook. Your