1) Data from XYZ Company's financial statements for year ending December 31 are: (5 points) Account 2016 2017 Sales $1,500,000 $1,700,000 Fixed Assets: Beginning of Year $450,000 $560,000 End of Year $560,000 $700,000 Instructions: a) Determine the fixed asset turnover for 2016 and 2017 b) Is there a favorable or unfavorable trend in the fixed asset turnover from 2015 to 2016