Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales...

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Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Common-Size Percents Current Yr 1 Yr Ago 100.0% 63.5 14.4 100.0% 61.3 13.9 2 Yrs Ago 100.0% Current Yr 105.18 Trend Percents 1 Yr Ago 2 Yrs Ago. 56.2 118.8 14.2 106.7 103.9% 113.3 101.7 100.0% 100.0 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Sales Cost of Goods Sold Total Expenses Net Income Current Yr 1 Yr Ago 2 Yrs Ago + $ 100,000 56,200 14,200 $ 29,600 Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. Sales Cost of goods sold Total expenses Common-Size Percents Current Yr 1 Yr Ago 100.0% 63.5 14.4 100.0% 61.3 13.9 2 Yrs Ago 100.0% Current Yr 105.18 Trend Percents 1 Yr Ago 2 Yrs Ago. 56.2 118.8 14.2 106.7 103.9% 113.3 101.7 100.0% 100.0 100.0 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Net Income Change in Net Income Determine the net income for the following years. (Enter all amounts as positive values.) Sales Cost of Goods Sold Total Expenses Net Income Current Yr 1 Yr Ago 2 Yrs Ago + $ 100,000 56,200 14,200 $ 29,600

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