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? Answer is not complete. Income Statement Reason for Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percentage answers to 1 decima place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year $ % $ % Sales $740,000 100.0 100.0 675,000 Cost of goods sold 568,100 77.3291,000 43.0 Gross profit 171,900 23.2 384,000 57.0 Operating expenses 129,200 17.0 263,600 40.2 Net income $ 42,700 $ 5.8 120,400