Camp Depot, Inc included the following information in its an…

Camp Depot, Inc included the following information in its annual report:     2019   2018    2017 Sales 178,400 162,500 155,500 Cost of Goods Sold 115,000 102,500 100,000 Operating Expenses 50,000 50,000 45,000 Operating Income 13,400 10,000 10,500 In a common-size income statement for 2017, the cost of goods sold is expressed as: