Use the following selected information from Wheeler, LLC to determine the 2015 and 2014 trend percentages for cost of goods sold using 2014 as the base..

	2015	2014
Net sales	$ 285,200	$ 233,200
Cost of goods sold	150,100	131,390
Operating expenses	53,440	51,440
Net earnings	29,820	21,620

52.6% for 2015 and 56.3% for 2014.

68.0% for 2015 and 64.6% for 2014.

122.3% for 2015 and 100.0% for 2014.

35.6% for 2015 and 39.2% for 2014.

114.2% for 2015 and 100.0% for 2014.