Express the following comparative income statements in common$-$size percents. Using the common$-$size percents, which item is most responsible for the decline in net income?

Complete this question by entering your answers in the tabs below.

$\backslash$table$[[\backslash$table$[[$Income$],[$Statement$]],\backslash$table$[[$Reason for$],[$Decline in Net$],[$Income$]],,,,,],[\backslash$table$[[$Express the following comparative income statements in common$-$size percents.$],[$Note: Round your percentage answers to $1$ decimal place.$]]],[$GOMEZ CORPORATION$],[$Comparative Income Statements$],[$For Years Ended December $31],[,,$Current Year $$,$Current Year $\%,$Prior Year $$,$Prior Year $\%],[$Sales$,$$$,780,000,,$$$,630,000,],[$Cost of goods sold,,$568,100,,,282,200,],[$Gross profit,,$211,900,,,347,800,],[$Operating expenses,,$129,200,,,228,800,],[$Net income,$$,82,700,,$$$,119,000,]]$

Income Statement