Chapter 13 Homework Saved Common-size and trend percents for Rustynail Company's sales, cost of goods sold, and expenses follow. points Sales Cost of goods sold Total expenses Common-Size Percents 2018 2017 2016 100.0% 100.0% 100.0% 63.2 61.0 56.3 14.3 13.8 14.1 Trend Percents 2018 2017 2016 104.7% 103.5% 100.0% 117.5 112.1 100.0 106.3 101.3 100.0 eBook 1. Determine the net income for the following years. 2. Did the net income increase, decrease, or remain unchanged in this three-year period? Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Determine the net income for the following years. (Enter all amounts as positive values.) 2018 2017 $ Sales Cost of Goods Sold Total Expenses 2016 100,000 56,300 14,100 29,600 Net Income $ Required 1 Required 2 > Required 1 Required 2 Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease, or remain unchanged in this three-year period?