Complete this question by entering your answers In the tabs below. Income Statement Reason for 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 $ Current Year % Prior Year S Prior Year % Sales $ 770,000 $ 695,000 Cost of goods sold 560,000 299,800 Gross profit 210,000 395,200 Operating expenses 129,200 242,000 Net income $ 80,800 $ 153,200 Reason for Decline in Net Income >