nts place.) Answer is complete but not entirely correct. % GOMEZ CORPORATION Comparative Income Statements For Years Ended December 31, 2017 and 2016 2017 2016 $ $ $ Sales $795.000 100.0 630,000 Cost of goods sold 562,700 70.0 X 286,600 Gross profit 232,300 29.0 343,400 Operating expenses 130,400 16.0 X 269,600 Net income $ 101,900 120 $ $ 73,800 100.0 45.0 X 540 X 42.0 X 11.0 X Has the company's situation improved in the most recent year? Yes No