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.) 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 % $ 760,000 $640,000 568,100 297,600 191,900 342,400 128,000 250,400 $ 63,900 $ 92,000 Income Statemen Reason for Decline in Net Income