Using Year 1 as the base year, express the following income statement information in common-size percentages and in trend percentages. Common-Size Trend Percentages Percentages Year 2 Year 1 Year 2 Year 1 Year 2 Year 1 Sales $540,000 $460,000 Cost of goods sold. 290.000 240.000 Gross profit $250,000 $220,000 Selling expense 27.000 24,000 Administrative expense 52,000 45,000 Income before taxes 171,000 151,000 Taxes @ 30% 51,300 45,300 Net Income 119,700 105,700