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a) Trend percentages The condensed comparative statements of Modern Health Ine. follow Modern Health Inc. Income Statement (8000) For Years Ended December 31 2020 2019

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a) Trend percentages The condensed comparative statements of Modern Health Ine. follow Modern Health Inc. Income Statement (8000) For Years Ended December 31 2020 2019 2018 $630 5658 $644 266 276 272 2017 2016 $742 2015 $725 2014 $784 8686 Net sales Cost of poods sold.. 291 307 297 300 250 290 257 314 323 329 357 Operating expenses Pront before taxes $ $4 $92 S55 $ 51 $112 $102 $123 Required: Calculate trend percentages for the items of the statements using 2014 as the base year. MODERN HEALTH INC. Income Statement Trends For Years Ended December 31, 2014-2020 2020 2019 2018 2017 2016 2015 2014 Net sales Cost of goods sold Operating expenses Profit before taxes

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