Prepare a multi-step vertical analysis income statement for Brea Corporation as of December 31, 2020 using column 2 for detail, column 3 for nets, sub-totals, & totals, and column 4 for the vertical analysis percentages to the nearest tenth on the 4-column accounting paper provided online.

General Ledger Accounts and their Normal Balances: Accounts payable Accounts receivable Cash Cost of Goods Sold General and Administration Expenses Inventory Income Taxes Other Non-operating Revenue & Gains Other Non-operating Expenses & Losses Prepaid Expenses Sales Revenue Selling Expenses $18,700 33,900 30,700 257,100 178,200 46,700 28,700 900 1,700 2,100 762,400 135,200 Common shares issued Common shares in treasury Shares 50,000 3,000