Use the following selected information from Dolphin, LLC to determine the 2017 and 2016 common size percentages for cost of goods sold using Net sales as the base. 2017 2016 Net sales $276,200 $231,400 Cost of goods sold 151,900 129,590 Operating expenses 55,240 53,240 Net earnings 27,820 19,820 36.4% for 2017 and 41.1% for 2016. 55.0% for 2017 and 56.0% for 2016. O 119.4% for 2017 and 100.0% for 2016. O 117.2% for 2017 and 100.0% for 2016. O 65.1% for 2017 and 56.0 % for 2016.