Question: Miller Company reports the following financial information for the current year: Net Sales $ 40,000 Cost of Goods Sold 9,000 Gross Profit 31,000 Operating Expenses 6,000 Operating Income 25,000 Interest Expense 300 Income Before Income Taxes 24,700 Income Tax Expense 2,400 Net Income $22,300 What is the vertical analysis percentage for Net Income?