Need help preparing vertical analysis in accounting?

I have the formula but I can't work it out.

Vertical analysis. Mary Lynn Corporation has been operating for several years. Selected data from the 20X1 and 20X2 financial statements follow.


20X2 20X1
Current Assets $ 76,000 $ 80,000
Property, Plant, and Equipment (net) 99,000 90,000
Intangibles 25,000 50,000
Current Liabilities 40,800 48,000
Long-Term Liabilities 143,000 160,000
Stockholders’ Equity 16,200 12,000
Net Sales 500,000 500,000
Cost of Goods Sold 332,500 350,000
Operating Expenses 93,500 85,000

Prepare a vertical analysis for 20X1 and 20X2.

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THE ANSWER DISPLAYED FOR THIS PROBLEM ON THIS PAGE IS WRONG.THE FORMULA FOR VERTICAL IS AMOUNT / PREVIOUS YEAR OR(BASE YEAR) X 100. THE ANSWER IS WRONG BECAUSE THE PREVIOUS PERSON POSTED A HORIZONTAL ANALYSIS:present year - previous year x 100...SO THE ANSWER DISPLAYED IS WRONG CAUSE THEY DID HORIZONTAL AND NOT VERTICAL !!
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