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 to 1 decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Sales $ Current Year S 740,000 Current Year % Prior Year $ Prior Year % $ 630,000 Cost of goods sold 568,100 286,600 Gross profit 171,900 343,400 Operating expenses 129,200 257,600 Net income $ 42,700 $ 85,800 < Income Statement Reason for Decline in Net Income >