10 22 points Express the following comparative income statements in common-size percents. Using the common-size percents, which item is most responsible for the decline in net income? Complete this question by entering your answers in the tabs below. eBook Hint Income Statement Reason for Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements Print For Years Ended December 31 Current Year $ Current Year % Prior Year $ Prior Year % Sales $ 740,000 $ 680,000 Meferences Cost of goods sold 570,800 295,400 Gross profit 169.200 384,600 Operating expenses 130,400 266,000 Net income $ 38.800 $ 118,600 Reason for Decline in Net Income >