Use the modified income statement below to perform a vertical analysis. Hiltonia Inc. Income Statement (in Millions) and Vertical Analysis For Years Ended June 30, 2019 and 2018 2019 % of 2018 % of Base Figure Base Figure Sales $210 $250 COGS 150 200 Gross Profit 60 50 Expenses Advertising Expense 12 8 Insurance Expense 1.8 IN Rent Expense W Salaries Expense 20 19 Selling Expenses 2 Total Expenses 41 33.8 Net Income $19 $16.2