The Sanchez Company reported the following: Year 3 Year 2 Year 1 Revenue 32,000 28,000 26,000 Cost of goods sold 28,400 25,600 22,500 Cash 3,200 2,920 3,500 Net income 3,558 2,340 3,465 Accounts receivable 640 710 600 Notes payable 18,000 21,000 19,000 Inventory 1,700 2,020 1,800 Tax expense 30 40 20 Equipment 18,800 19,400 20,000 Interest expense 12 20 15 Accounts payable 1,200 900 1,000 For a horizontal analysis, what is the percent change in cost of goods sold for year 3? Convert your final answer to a percentage, round to one decimal place and enter without the "%" sign (e.g. a final answer of 0.105678 would be entered as 10.6)