Compute trend percents for the following accounts using 2020 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favourable or unfavourable. 2024 Sales $ 686,393 Cost of goods sold Accounts receivable 345,747 33,221 2023 $445,710 224,555 26,074 2022 $ 348,211 177,156 23,887 2021 $ 236,075 119,988 13,810 2020 $ 177,500 88,750 12,176 Numerator: Trend Percent for Net Sales: 2024: 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? Denominator: Trend percent % % % % % 2024: 2023: 2022: 2021: Numerator: Trend Percent for Cost of Goods Sold: 1 1 Denominator: 2020: Is the trend percent for Cost of Goods Sold favourable or unfavourable? 2024: 2023: 2022: 2021: Trend Percent for Accounts Receivable: Numerator: Denominator: 2020: Is the trend percent for Accounts Receivable favourable or unfavourable? = Trend percent % % % % % Trend percent % % % % %