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 for Statement Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percentag decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year $ % % Sales $ 780,000 $ 665,000 Cost of goods sold 570,800 286,600 Gross profit 209,200 378,400 Operating expenses 128,000 238,400 Net income $ 81,200 $ 140,000 Income Statement Reason for Decline in Net Income >