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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? Reason for Income Statement Dedine 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 S $ % Sales Cost of goods sold Gross profit Operating expenses Not Income $ 725 000 560 000 165,000 128 000 $ 37000 $ 690,000 282 200 407,800 272.000 5135 800 Reason for Decline in Net Income >