Use the following selected information from Whitman Corp. to determine the Year 1 and Year 2 common size percentages for cost of goods sold using Net sales as the base. Year 2 Year 1 Net sales $ 440,200 $ 359,400 Cost of goods sold 196,900 133,490 Operating expenses 71,740 69,140 Net earnings 36,220 25,720 Multiple Choice 8.2% for Year 2 and 7.2% for Year 1. 44.7% for Year 2 and 37.1% for Year 1. 61.0% for Year 2 and 56.4% for Year 1. 163.9% for Year 2 and 177.4% for Year 1. 122.5% for Year 2 and 100.0% for Year 1.