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. (Round your percentage answers t decimal place.) Sales Cost of goods sold Gross profit Operating expenses Net income GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year % % $ 730,000 $640.000 562,700 291,000 167,300 349,000 130,400 244.400 $ 36,900 $ 104,600 Income Statement Reason for Decline in Net Income