Required: 1. Complete the vertical analysis by computing each missing line item as a percentage of sales revenues. (Round your answers to the nearest whole percent.) $ SIMULTECH CORPORATION Income Statement (summarized) (in millions of U.S. dollars) Current Year Sales Revenues $ 2,090 100 % Cost of Goods Sold 1,697 81 Selling, General, and Administrative Expenses 285 Other Operating Expenses 51 2 Interest Expense 20 Income before Income Tax Expense 37 2 Income Tax Expense 5 0 Net Income $ 32 % Previous Year 2,170 100 % 1,661 286 13 14 1 32 1 177 46 2 $ 131 %