Question 2 OT = Condensed data from the statement of income for Paver Corporation follow: (a) Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.g. 15.2%.) PAVER CORPORATION Vertical Analysis of Statement of Income 2021 2020 Amount Percent Amount Percent Sales $801,000 % $603.000 % Cost of goods sold 550,287 % 375,066 % Gross profit 250,713 % 227,934 % Operating expenses 153,792 % 124.218 % Income before income tax 96 921 % 103 716 % Question 2 of 7 - / 10 III Sales $801,000 % $603,000 % Cost of goods sold 550.287 % 375,066 % Gross profit 250.713 % 227,934 % Operating expenses 153,792 % 124,218 % Income before income tax 96,921 % 103,716 % Income tax expense 16,821 % 19,899 % Net income $80,100 % $83.817 %