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Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Coomon-size Percent's Current

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Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Coomon-size Percent's Current y 1 r to 2 Yes Aco 100.0% 100.0% 199.9% 63.2 61.0 56.6 14.2 13.7 14.0 Current Yr 104.0% 116.1 105.5 Trend Percents 1 Ye Ago 102.8% 110.8 100.6 2 Yrs Ago 100.ex 100.0 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Current Yi 1 Yr Ago 2 Yrs Ago Sales S 100,000 Cost of Goods Sold 56,600 Total Expenses 14.000 Net income S 29,400 Complete this question by entering your answers in the tabs below. Net Income change in Net Income Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease or remain unchanged in this three-year penod? Net Income

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