Common-Size Percents Trend Percents Sales Cost of goods sold Operating expenses Current 1 Year 2 Years Current 1 Year 2 Years Year 100.0% 63.2 14.4 Ago 100.0% Ago Year Ago 100.0% 104.9 103.7% Ago 100.0% 61.0 13.9 56.9 14.2 116.5 111.2 100.0 106.5 101.5 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Change in Net Income Net Income Determine the net income for the following years. Assuming sales were $100,000 2 yrs ago, what is net income in each year? (Enter all amounts as positive values.) Sales Cost of Goods Sold 1 Year Ago $10,370,000 Current Year 2 Years Ago $ 10,490,000 $ 100,000 Operating Expenses 6,628,850 1,512,300 6,327,280 56,900 1,441,300 14,200 Net Income $ 2,348,850 $ 2,601,420 $ 28,900