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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,

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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 Trend Percents Current Yr 1 Yr Ago 2 Yrs Ago Current Yr 1 Yr Ago 2. Yes Ago Sales 100.ex 100.0% 105.4% 104.2% Cost of goods sold 63.4 61.9 59.1 113.1 109.1 100.0 Total expenses 14.8 186.8 102.1 100.0 100.ex 100.0% 15.3 15.1 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 Yr 1 Yr Ago 2 Yrs Ago $ 100,000 Sales Cost of Goods Sold Total Expenses Net Income 59.100 15.100 25,800 $ Nincome Change in Net Income > 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 period? ( Net Income Change in Not Income

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