Exercise 17-4 Common-size percent computation and interpretation LO P2 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, 2017 and 2016 2017 2016 Sales Cost of goods sold Gross profit Operating expenses Net income $ 785,000 568,100 216,900 129,200 $ 87,700 $ 660,000 293,200 366,800 231,200 $135,600 Has the company's situation improved in the most recent year? O Yes O No