HIGHLRilmer 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 $ % S Sales $ 760,000 100.0 $ 665,000 Cost of goods sold 562.700 75.3 295,400 Gross profit 197,300 369,600 Operating expenses 129,200 17.4 279,200 Net Income $ 68,100 7.2 $ 90,400 100.0 41.9 Income Statement Reason for Decline in Net Income >