Answer is not complete. Income Statement Reason for Decline in Net Income Express the following comparative income statements in common-size percents. (Round your percentage answer: place.) GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31 Current Year Prior Year $ % % Sales $755,000 100.0 100.0 670,000 Cost of goods sold 560,000 75.4 X 293,200 44.1 x Gross profit 195,000 24.6 376,800 55.9 x Operating expenses 129,200 172232,400 38.9 % $ Net income $ 65,800 7.4 X 17.0 144,400