2 int Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable. 2024 2023 Sales Cost of goods sold Accounts receivable. $ 618,738 299,394 29,947 $ 401,778 194,553 23,544 2022 $ 321,422 157,583 22,017 2021 $ 223,210 108,841 13,013 2020 $171,700 82,416 11,744 Trend Percent for Net Sales: Numerator: 2024: 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? Denominator: Trend percent % % % 2. 2024: 2023: 2022: Print 2021: 2020: Numerator: Trend Percent for Cost of Goods Sold: 1 1 Denominator: Is the trend percent for Cost of Goods Sold favourable or unfavourable? Trend Percent for Accounts Receivable: 2024: 2023: 2022: 2021: Numerator: = Trend percent = % = [ % = % % % Denominator: Trend percent % % % % % 2020: Is the trend percent for Accounts Receivable favourable or unfavourable?