2 Express the following comparative income statements in common-size percents. Using the common-size percentages, which item is most responsible for the decline in net income? 2 points Skipped eBook Income Reason for Statement 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 For Years Ended December 31 Current Year Prior Year $ % $ % Sales $ 745,000 $ 645,000 Cost of goods sold 562,700 284,400 Gross profit 182,300 360,600 Operating expenses 129,200 280,400 Net income $ 53,100 $ 80,200 Hint Print References Income Statement Reason for Decline in Net Income >