Compute the total cost per year of the following pair of expenses. Then complete the sentence: On an annual basis, the first set of expenses is _______% of the second set of expenses.

Suzanne's cell phone bill is $76

76 per month, and she spends $184

184 per year on student health insurance.

On an annual basis, the money spent on her cell phone bill is

% of the money spent on student health insurance.

(Round to the nearest percent as needed.)