Using the Following Information from an Annual Report,prepare a Vertical

Using the following information from an annual report,prepare a vertical analysis of the consolidated statement of earnings for the fiscal year ended June 30,20xx.(Round percentage answers to one decimal place.)
$\begin{array}{lr}&\text { (In millions) }\\\text { Net sales } & \$ 11,862 \\\text { Cost of sales } & 8,321 \\\text { Gross margin } & \$ 3,541 \\\text { Gross margin } & \$ 2,743\\ \text { Depreciation, amortization, and asset write-offs } & 278 \\\text { Total operating expenses } & \overline{\$ 3,021} \\\text { Income from operations } & 520 \\ \text { Interest expense } & \text { (91) } \\ \text { Interest and other income } & 11 \\ \text { Earnings before income taxes } & 440 \\\text { Income taxes } & 161 \\ \text { Net earnings } & 279 \\\end{array}$