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 Reason for 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 $ % $ % $ 780,000 $ 690,000 565,400 280,000 214,600 410,000 128,000 237,200 $ 86,600 $ 172,800 Sales Cost of goods sold Gross profit Operating expenses Net income (Income Statement Reason for Decline in Net Income >