Use the information below to do a vertical analysis on a piece of scrap paper 2019 2018 $200,000 120,000 80,000 45,000 35000 15000 $20,000 Net sales Cost of goods sold Gross Margin Operating Expenses Income before Taxes Income taxes Net Income A. 20% B. 60% C. 22.5% D. 10% E. 17.5% F. 75% G. 40% H. 175% 1. 75% J. 100% K. 35% What is the number for net sales? What is the number for net income? What is the number for gross margin? What is the number forncome tax? YWhat is the number for income before taxes? What is the number for operating expense? What is the number for cost of goods sold