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 Cost of goods sold Gross profit Operating expenses Net income $ 760,000 562,700 197,300 128,000 $ 69,300 $ 640,000 282,200 357,800 260,000 $ 97,800