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 Statement Reason for Decline in Net Income 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 13 Current Year Prior Year % $ % Sales $ 795,000 $680,000 100.0 Cost of goods sold 560,000 286,600 Gross profit 235,000 393,400 Operating expenses 129.200 230,000 Net income $ 105,800 $183,400 Reason for Decline in Net Income >