Google Analytics Code Placement in Network Theme

Hello
In the Network Theme should I add google analytics code in the footer.php file?

Should I cancel everything between <!-- start google code--> and <!-- end google code --> and add my tracking info there? Thanks

<!-- start google code-->
<?php $googlecode = get_option('dev_network_google');
echo stripslashes($googlecode);
?>
<!-- end google code -->

<?php wp_footer(); ?>
</body>
</html>