Operating data for Gallup Corporation are presented below.

Operating data for Gallup Corporation are presented below.

2012

2011

Sales

750,000

600,000

Cost of goods sold

465,000

390,000

Selling expenses

120,000

72,000

Administrative expenses

60,000

54,000

Income tax expense

33,000

24,000

Net income

$72,000

$60,000

Complete the schedule showing a vertical analysis for 2012 and 2011. (List amounts from largest to smallest e.g. 10, 5, 3, 2. Round percentages to 1 decimal place, e.g. 10.5. Enter all amounts as positive amounts and subtract where necessary.)