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. Income Statement Reason for Decline in Net Income 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 5 Current Year 5 Sales 720.000 $ Prior Year S 700,000 Prior Year % Cost of goods sold 570,800 288,600 Gross profit 149.200 413,400 Operating expenses 128,000 268,000 Net income 21.200 147.400 Reason for Decline in Net Income