$\backslash$table$[[,203,202,201$

Sales Cost of goods sold Operating expenses Operating income $178,400 115,000 50,000 13,400 $162, 102,500 50, ooo 10,000 2X1 $155,500 100, ooo 45, ooo 10,500 In a common-size income statement for 20X1, the cost of goods sold is expressed as Multiple Choice O O O O 100.0% 230.0% 40.0% 64.3%