Question 57 Selected data (in thousands) from the income statement of Vermillion Inc. are shown below. Using vertical analysis, calculate the percentage of the base amount for each year. (Round answers to 1 decimal place, e.g. 5.29.) 2018 2017 Amount Percentage Amount Percentage Net sales $1,933 $2,058 Cost of goods sold 1,604 1.685 Gross profit 329 373 Operating expenses Income before income tax Income tax expense Profit