Income Statement Reason for Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percent. decimal place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year $ Sales 795,000 Current Year % Prior Year $ 100.0 $ Prior Year % 690,000 100.0 Cost of goods sold 562,700 288,800 Gross profit 232.300 401,200 Operating expenses 129,200 242.000 Net income $ 103,100 159,200 Reason for Decline in Net Income >