Answer choices:

$74\mathrm{.}50$

$71\mathrm{.}23$

$75\mathrm{.}14$

$77\mathrm{.}98$

$70\mathrm{.}76$

Given the data in the following table, the cost of goods sold on a common size income statement in $2023$ was $\%.$

NOTE: The table below applies to questions $5$ to $11($it is included on each of these questions$).$

The balance sheet accounts listed below are the only items on the company's balance sheet for each year and the income statement accounts are the only items on the company's incometstatement for each year.

$\backslash$table$[[$Item$,2022,2023$