Comparative statements for Warmer Corporation are shown below, use to complete trend analysis: Warmer Corporation Comparative Income Statements For the years ended December 31 2018 2017 2016 Sales $ 14,800 $ 13,229 $ 13,994 Cost of Goods Sold 8.225 8.661 8.375 Gross Profit 6,575 4,568 5,619 Operating Expenses 3.664 3.576 3.482 Operating Income $ 2.911$ 992 $2.132 D Question 1 5 pts Use the above comparative income statements to calculate trend percentages for all income statement amounts shown. Use 2016 as the base year. ***Round to one decimal or whole numbers. 29.10r 100. 2018 2017 2016 %6 5 Sales 96 96 % Cost of Goods Sold 9 96 Gross Profit Question 1 5 pts Use the above comparative income statements to calculate trend percentages for all income statement amounts shown. Use 2016 as the base year. ***Round to one decimal or whole number eg, 99.1 or 100,- 2018 2017 2016 Sales % % % se % % Cost of Goods Sold % de Gross Profit Operating Expenses % % %6 % % Operating Income 1 Question 2 5 pts Complete Vertical Analysis. *** Round non 100 numbers to the nearest hundredth, c.p. 76.45%*** 2018 Common-Size Percentage 2017 Common-Size Percentage Sales $14,800 $13,229 96 96 Cost of Goods Sold 8.225 8.661 % % I Gross Profit 6,575 4,568 96 % Operating Expenses 3.664 3.576 % $2.911 $992 Operating Income 96 5 pts Question 3 Complete a horizontal analysis. For the percent changes, round to the nearest tenth, eg. 15.4*** 2018 2017 Dollar Change Percent Change $ Sales $14,800 $13,229 % $0 Cost of Goods Sold 8.225 8,661 1% ) $ Gross Profit 6,575 4,568 se $ Operating Expenses 3,664 3.576 % $ $2.911 $992 Operating Income 96