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? Answer is not complete. 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 wwers to 1 decimal place.) Prior Year GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Current Year Prior Year $ % $ $ 790,000 1000 S 655,000 560,000 291,000 230.000 364,000 128,000 16.4 240, 800 S 102,000 S 123 200 Sales Cost of goods sold Gross profit Operating expenses Net income 1000