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 Sales Cost of goods sold Gross profit Operating expenses Net income $ 720,000 570,800 149,200 129,200 20,000 $ 700,000 295,400 404,600 242,000 $ 162,600 III Has the company's situation improved in the most recent year? No Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Short-term investments Accounts receivable Notes payable 2017 $375,911 99,129 $235, 231 102,691 89.640 Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent Change 2017 2016 Dollar Change Percent Change 375,911 Short-term investments Accounts receivable Notes payable 90,129 0 0,120 102.601 235,231 102,601 89,640