Calculate the percent increases for each of the following selected balance sheet Accounts receivable Merchandise inventory Plant assets Bonds payable Equity 2020 569.00 2,234,000 1.062.0 22412200 1.164,000 2.777.000 2019 S 448.000 22337.000 1 .071.000 213.000 1.666,000 2.894,000 31. For the following financial statement items, calculate trend percentages using 2016 as the base year. Sales........................ Cost of sales.............. Gross profit................. 2020 2019 $1.195.400 | S1,118,000 752,400 704,000 S443.000 $414,000 2018 $1.049,000 671,000 $378,000 2017 2016 $963,200 $860,000 616,700559,000 $346,500 $301,000 2020 2019 2018 2017 2016