2. Toledo Toy, a manufacturer of infants' blocks, presented the following data in its last annual report. This trend analysis begins with the year of formation, 2007. 2010 2009 2008 2007 Sales $61,000 $41,000 $25,000 $13,000 Cost of Sales $41,300 $28,175 $17,201 $9,000 Net Income $9,919 $6,412 $3,850 $2,000 Cases of Blocks Shipped 33,126 22,681 13,900 7,400 Required: a. Using 2007 as the base year, perform a horizontal, common-size analysis. b. Comment on the results of the horizontal analysis