Express the following comparative income statements in common-size percents. Using the common-size percentages, which item is most responsible for the decline in net income? Income Reason for Statement Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percentage answ. decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year Sales Cost of goods sold Gross profit Operating expenses Net income $ 750.000 570,800 179,200 129,200 50,000 100 0 $ 695,000 777 284.400 223 410,600 17.6 225,200 4.71 $ 185,400 100.0 41.9 58.1 332 24.9 Sitem Reason for Decline in Net Income >