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1 O Category Prior year Current year Accounts payable 41.400 45,000 Accounts receivable 115.200 122.400 Accruals 16,200 13 500 Additional paid in capital 200.000 216

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1 O Category Prior year Current year Accounts payable 41.400 45,000 Accounts receivable 115.200 122.400 Accruals 16,200 13 500 Additional paid in capital 200.000 216 660 Cash 272 27? Common Stock @par value 37 600 42.000 COGS 131.400 171 20300 Depreciation expense 21,600 2335100 Interest expense 16,200 16.738.00 Inventories 111.500 115,200 Long-term dett 135 000 137,33700 ws Nel fixed assets 375,758.00 399,600 Notes payable 59.400 64 800 50,400 64,805.00 Operating expenses (exd depr) Retained earnings 122.400 136,800 Sales 255,600 336,027.00 Taxes 9.900 19.457.00 What is the entry for the current year's operating expense on a common-sized income statement? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. WW accept decimal format

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