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 Current Year Prior Year $ % $ % Sales $775,000 $630,000 Cost of goods sold 568,100 295,400 Gross profit 206,000 334,600 Operating expenses 129,200 245,600 Net income $ 77,700 $ 89,000 Income Statement Reason for Decline in Net Income >