An income statement data for Boston Company for 2015 and 2016 follow:

2015 2016

Net sales $2,610,000 $1,936,000

Cost of goods sold 1,829,600 1,256,400

Selling expenses 396,800 350,000

Administrative expenses 234,800 198,400

Federal income taxes 57,600 54,000

Calculate the common size percent for selling expenses in 2016.

Group of answer choices

2.79%

11.79%

15.20%

18.08%