Exercise 17-5 (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 Sales Cost of goods sold Operating expenses Current Year 100.0% 63.2 14.3 2 Years 1 Year Ago 100.0% 61.0 13.8 Ago 100.0% Current Year 104.1% 2 Years 1 Year Ago Ago 102.9% 100.0% 57.5 14.1 114.4 105.6 109.2 100.0 100.7 100.0 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.) Sales Cost of Goods Sold Operating Expenses Net Income Current Year 1 Year Ago 2 Years Ago $ 100,000 57,500 14,100 $ 28,400