Exercise 13-5 Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Common-Size Percents Current Yr 1 Yr Ago Sales Cost of goods sold 100.0% 63.2 100.0% 61.0 2 Yrs Ago 100.0% 57.0 Current Yr 104.9% Trend Percents 1 Yr Ago 2 Yrs Ago 103.7% 100.0% 116.3 Total expenses 14.4 13.9 14.2 106.5 111.0 101.5 100.0 100.0 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.) Sales Cost of Goods Sold Total Expenses Net Income Current Yr 1 Yr Ago 2 Yrs Ago $ 100,000 57,000 14,200 $ 28,800 Net income Change in Net Income >