Please post answer so that half the answer isnt cut off! Thanks!

Question Content Area Vertical Analysis of Income Statement Revenue and expense data for Innovation Quarter Inc. for the recent years we as follows Current Year Previous Year Sales $556,000 195.000 Cont of merchandise old 311.360 Selling expenses 100,000 29,000 Administrative pene 105.600 34.150 Income tax expense 16,600 24,750 Question Content Area Prepare an income statement in comparative form, stating nach dem for the years per retired, round percentages to come decimal porter Mamounts ove numbers Innovation Carter in Comparative Income Statement For the Year Ended December Current year Carreter 5550.000 $95.00 Contohandad 311.30 24 IIII 1000 Innovation Quarter Inc. Comparative Income Statement For the Years Ended December 31 Current year Amount Current year Percent $556,000 % 311,360 % Sales Previous year Amount Previous year Percent $495,000 96 Cost of merchandise sold 252,450 o 9 o % Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations 100,080 105,640 % 99,000 84,150 9 % 28 Income tax expense QUO QI O 16,680 24,750 Net income 90