Extracted text: Activity 6: Vertical Analysis and Interpretation of SFP and SCI Directions: From these randomly ordered accounts of Dale Merchandising prepare a Statement of Financial Position and Statement of Comprehensive Income. Make a Vertical Analysis and interpret the results. The balances shown are as of and for the year ending 12/31/2019. Sales Returns and Allowances Accumulated Depreciation Merchandise Inventory, December 31, 2019 Sales 50,000.00 80,000.00 1,050,000.00 100,000.00 400,000.00 190,000.00 100,000.00 2,000.00 50,000.00 220,000.00 50,000.00 29,000.00 10,000.00 200,000.00 30,000.00 220,000.00 200,000.00 100,000.00 200,000.00 8,000.00 200,000.00 Merchandise Inventory, January 1, 2019 Purchases Selling Expenses Accounts Payable Purchase Returns and Allowances Cash Office Equipment Withdrawals A Proces Sales Discounts Transportation-In General and Administrative Expense Office Supplies Accounts Receivable Notes Payable Prepaid Rent Josh, Capital, Jan. 1, 2019 Purchase Discounts Net Income from operation