Maureen Company has the following income statement for the year ending December 31, 2016. (see attachment)

If Maureen Company prepares a common size income statement, what will they report for wage expense? a.) 34.4% b.) 66.1% c.) 10.2% d.) 7.0% Sales Cost of goods sold Gross Profit Operating expenses: Wage expense Depreciaition expense Rent expense Miscellaneous expense Total operating expense Operating Income Income tax expense Net Income $1,562 806 756 110 76 36 70 292 464 162 $302