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4. Kedzie Kord Company had the following balance sheets and income statements over the last three years (in thousands): Cash Receivables Inventories Current assets Net

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4. Kedzie Kord Company had the following balance sheets and income statements over the last three years (in thousands): Cash Receivables Inventories Current assets Net fixed assets Total assets Payables Accruals Bank loan Current liabilities Long-term debt Shareholder's equity Total liabilities and shareholder's equity Sales Cost of goods sold Selling. general, and administrative expenses Interest Profit before taxes Taxes Profit after taxes 20X1 $ 561 1,963 2,031 $ 4,555 2,581 $ 7,136 $ 1,862 301 250 $ 2,413 500 4,223 20X2 $ 387 2,870 2,613 $ 5,870 4,430 $10,300 $ 2,944 516 900 $ 4,360 1,000 4,940 20X3 $ 202 4,051 3,287 $ 7,540 4,364 $11,904 $ 3,613 587 1,050 $5,250 950 5,704 $ 7,136 $11,863 8,537 $10,300 $14,952 11,124 $11,904 $16,349 12,016 2,276 73 $ 977 390 $ 587 2,471 188 $ 1,169 2,793 200 $ 1,340 576 764 452 $ 717 Using common-size and index analysis, evaluate trends in the company's financial condi- tion and performance

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