QUESTION 8 Selected data from the 2019 financial statements of KRJ Manufacturing are presented below. On the company's common-sized balance sheet, what would be the amount (i.e., percentage) shown for accrued expenses? Present your answer in percentage terms, rounded to one decimal place. e.g. 20.0%. Sales Cost of goods sold Salaries expense Tax expense Net income Cash Accounts receivable Inventory Net fixed assets Total assets Accounts payable Accrued expenses Long-term debt Total liabilities Cash flow from operations $16,715 $11,213 $3,697 $1,610 $1,262 $121 $596 $301 $2,828 $6,461 $302 $625 $1,462 $4,386 $2,878