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 Reason Statem... for 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 Current Prior Year Prior Year Year $ Year % % $ 725,000 $ 635,000 568,100 288,800 156,900 346,200 130,400 270,800 $ 26,500 $ 75,400 Income Samen Reason for Decline in Net Income >