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. Sales 2024 $ 461,353 Cost of goods sold Accounts receivable 228,513 22,422 2023 $ 299,580 148,494 17,585 2022 $234,965 118,183 16,142 2021 $ 158,760 79,392 9,287 2020 $ 117,600 57,624 8,056 2024: 2023: 2022: 2021: 2020: Numerator: Trend Percent for Net Sales: Is the trend percent for Net Sales favourable or unfavourable? Denominator: = Trend percent = % % % % 2024: 2023: 2022: 2021: 2020: Numerator: Trend Percent for Cost of Goods Sold: 1 1 1 Denominator: Is the trend percent for Cost of Goods Sold favourable or unfavourable? Numerator: Trend Percent for Accounts Receivable: 1 1 Denominator: 2024: 2023: 2022: 2021: 2020: Is the trend percent for Accounts Receivable favourable or unfavourable? = Trend percent = % = % = % % = % = Trend percent = % = % = % = % = %