UNLICS Weekly Current Attempt in Progress Selected data (in thousands) from the income statement of Wildhorse Inc. are shown below Net sales $1.850 Cost of goods sold 1,542 Gross profit 308 pport Operating expenses 208 Profit before income tax 100 Income tax expense 30 Profit $70 Perform a vertical analysis and calculate the percentage of the base amount for the current year. (Round percentage answers to 1 decimal place, eg. 52.7 %) Income Statement Amount Percent Net sales $ Cost of goods sold % Gross profit % Operating expenses % Profit before income tax % Income tax expense % $ Profit eTextbook and Media Submit A Save for Later Attempts: 0 of 3 used arch