QUESTION 1 Express the following income statement information in common-size percentages and in trend percentages using Year I as the base year (round to nearest percentage) Year 2 Year l $230,000 $270.000 Sales Cost of goods sok 120,000 145.000 Gross profit Operating expenses 56.400 65,400 Operating incme 53,600 59.600 S110,000 $125.000 Common Size Year 2 Year 1 Sales Cost of goods sold Gross Profit Operating expenses Operating income Changes: Off