Exercise 13-5 (Algo) Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow Common-Size Percents Trend Percents Current Year 1 Year Ago: Sales 100.0% Cost of goods sold i 63.1 Operating expenses 14.3 100.0% 60.9 13.8 2 Years Current Ago Year 100.ex 104.2% 2 Years 1 Year Ago Ago 57.3 14.1 114.7 105.7 103.0% 109.5 100.8 100.0% 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. 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.) 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. 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 Operating Expenses Net Income Current Year 1 Year Ago 2 Years Ago $ 100,000 57,300 14,100 $ 28,600