Com eBook Common-Sized Income Statements Kellogg Company (K) produces, markets, and distributes cereal and food products including Cheez-It, Coco Pops, Rice Krispies, and Pringles. The following partial income statements (in millions) were adapted from recent financial statements. Year 1 Year 2 Sales $13,014 $12,923 (7,901) (8,259) $4,755 $ 5,022 Cost of goods sold Gross profit Selling and administrative expenses Operating Income (3,360) (3,076) $ 1,395 $ 1,946 COM 1. Prepare common-sized income statements for Years 1 and 2. Round your answers to one decimal place. Kellogg Company Common-Sized Income Statement Year 1 and 2 Year 1 Year 2 Increase (Decrease) Sales 48 90 Cost of goods sold 16 Gross profit Selling and administrative expenses Operating income mo 9 %% 2. What is the primary cause of the decrease in operating income in Year 2