Use the following information for Ciolino Corporation to determine (1) the 2007 and 2008 common-size percents for cost of goods sold using net sales as the base and (2) the 2007 and 2008 trend percents for net sales using 2007 as the base year.

($ thousands) 2008 2007 Net sales . . . . . . . . . . . . . . . $202,800 $116,200 Cost of goods sold . . . . . . . 110,600 61,400.AppendixLO1