7 Express the following comparative income statements in common-size place.) percents. (Round your percentage answers to 1 decimal 10 points GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2017 and 2016 2017 2016 Sales 775,000 565.400 200,600 130.400 $ 79,200 s700,000 286,600 413,400 261.200 152.200 Cost of goods sold Gross profit References Net income Has the company's situation improved in the most recent year? O Yes O No