Question 1 G 11 K M Prepare vertical analysis N Operating data for Joshua Corporation are presented below. Net sales Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income 2020 $800,000 520,000 120,000 60,000 30,000 70,000 2019 $600,000 408,000 72,000 48,000 24,000 48,000 Instructions Prepare a detailed schedule showing a vertical analysis for 2020 and 2019. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?", and any necessary titles and line items. 2020 Amount Percent Value 2 Q. 3 30.4 Q.5 2019 Amount Percent Value 2 Test 4 COVER Q. 1 Q. 2