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? Reason for Income Decline in Net Statement 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 Cost of goods sold Gross profit Operating expenses Net income $ 760,000 560,000 200,000 128,000 $ 72,000 $ 665,000 299,800 365 200 226,400 $ 138,800 Income Statement Reason for Decline in Net Income >