Help Save & Exit Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for operating expenses using Net sales as the base. Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice Year 2 Year 1 $489,400 $397,800 210,400 134,660 76,690 73,910 38,740 27,490 15.7% for Year 2 and 18.6% for Year 1 O 123.0% for Year 2 and 100.0% for Year 1 43.0% for Year 2 and 33.9% for Year 1 19.3% for Year 2 and 20.4% for Year 1 27.3% for Year 2 and 15.3% for Year 1