2 Use the following selected information from Corolla to determine the Year 1 and Year 2 trend percentages for net sales using Year 1 as the base. Year 2 Year 1 Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice $ 279,700 $ 232,100 151,200 130,290 54,540 52,540 28,720 20,520 120.5% for Year 2 and 100.0% for Year 1. 54.1% for Year 2 and 56.1% for Year 1. 66.2% for Year 2 and 64.6% for Year 1. 36.1% for Year 2 and 40.3% for Year 1. 116.0% for Year 2 and 100.0% for Year 1.