Selected comparative financial statements of Park Company follow.

Required
1. Compute trend percents for all components of both statements using 2004 as the base year. (Round percents to one decimal.)
Analysis Component
2. Analyze and comment on the financial statements and trend percents from part1.

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PARK COMPANY Comparative Income Statements For Years Ended December 31,2010-2004 ($ thousands) 2010 20092008 2007 2006 2005 2004 Gross profit 284 320 336 366 400 420480 Operating expenses 94 4 122 136 150 54 160 Net Income$190 $206 $214 $230 $250 $266 $320 PARK COMPANY Comparative Balance Sheets December 31, 2010-2004 ($ thousands) 2010 2009 2008 2007 2006 2005 2004 Cash 140 46 ...r.76 182 $54 $56 62 $64宰70宰72 78 170 218 150 54 188 190 164 160 196 Merchandise Inventory... Other current assetsO Long-term investments . . . . Plant assets, net.. 520 524 Total assets $980 $992 200 36 20 530 422 $998 120 464 $1,100 120 120 $1,012 $1,024 $1,044 Liabilities and Equity Current llabllities-. $158 $166 $ 196 $200 220 270 290 Long-term lablitles. ..102 30 52 158 204 224 270 Common stock Other pald-In capital Retalned earnlngs . .--.--..-.. Total lablitles and equity .. $980 $992 $1.012 $998 $1,024 $1.044 $1.100 180 180 180 180 180 180 180 80 460 436 404 380 280