Prepare a vertical analysis of the income statement data for Bramble Corporation for both years (Round percentages to 1 decimal place, e g 12 3 ) BRAMBLE CORPORATION Condensed Income Statements choose the accounting period For the Months Ended December 31December 31For the Years Ended December 31 2022 2021 Amount Percent Amount Percent Net sales $667,000 enter percentages $554,000 enter percentages Cost of goods sold 526,263 enter percentages 457,604 enter percentages Gross profit 140,737 enter percentages 96,396 enter percentages Operating expenses 93,380 enter percentages 52,076 enter percentages Net income $ 47,357 enter percentages $ 44,320 enter percentages

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Question: Prepare a vertical analysis of the income statement data for Bramble Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.3%.) BRAMBLE CORPORATION

Prepare a vertical analysis of the income statement data for Bramble Corporation for both years. (Round percentages to 1 decimal place, e.g. 12.3%.)

BRAMBLE CORPORATION Condensed Income Statements choose the accounting period For the Months Ended December 31December 31For the Years Ended December 31
	2022		2021
	Amount	Percent	Amount	Percent
Net sales	$667,000	enter percentages %	$554,000	enter percentages %
Cost of goods sold	526,263	enter percentages %	457,604	enter percentages %
Gross profit	140,737	enter percentages %	96,396	enter percentages %
Operating expenses	93,380	enter percentages %	52,076	enter percentages %
Net income	$ 47,357	enter percentages %	$ 44,320	enter percentages %

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