Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base. Net sales Cost of goods sold Operating expenses. Net earnings Multiple Choice Year 2 $ 450,000 304,325 55,240 27,750 117.5% for Year 2 and 100.0% for Year 1. 119.4% for Year 2 and 100.0% for Year 1. 65.1% for Year 2 and 64.6% for Year 1. Year 1 $ 425,000 259,000 53,240 19,800