on 1 t red out of question Based on the given data, you are required to identify the common-size percentage (current year) for TAXES PAYABLE from the given choices: Net sales Cost of goods sold GROSS PROFIT Operating Expenses: Advertising expense Sales salaries expense Office salaries expense Insurance expense Supplies expense Depreciation expense Miscellaneous expenses Total Operating Expenses OPERATING PROFIT Less interest expense Profit before taxes Current Year $ 2,486,000 1,523,000 963,000 $145,000 240,000 165,000 100,000 26,000 85,000 17,000 $778,000 185,000 44,000 141,000 Prior Year $2,075,000 1,222,000 853,000 Time left 0:21:28 100,000 280,000 200,000 45,000 35,000 75,000 15,000 $750,000 103,000 46,000 57,000 7 13 Finish