Clark Company reported net sales for years 2015, 2016, 2017, and 2018, respectively. If 2015 is the base year and it reports a trend percentage of 170% for 2018, which of the following true? Sales increased by 70% from 2015 to 2018. Sales increased by 70% every year from 2015 to 2018 Sales increased by 170% from 2015 to 2018. Sales increased by 70% from 2017 to 2018. 6 45 Which item lists a possible reason why a company might intentionally overstate an estimated salvage value? To minimize income taxes To maximize the depreciable cost of plant assets. To maximize the book value of assets To maximize net income For a fully depreciated plant asset, accumulated depreciation will equal the book value of the asset. the salvage value of the asset. the cost plus the salvage value of the asset. the depreciable cost of the asset