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 Cost of goods sold Accounts receivable Numerator: 2024 $ 576,539 290,820 28,020 2023 $ 379,302 191,151 22,151 2022 2021 $ 313,473 $ 216,936 159,787 21,473 110,218 12,691 2020 $ 165,600 82,800 11,310 Trend Percent for Net Sales: 2024:1 2023: 2022: 2021: 2020: Is the trend percent for Net Sales favourable or unfavourable? Denominator: Trend percent % % % 2024: 2023: 2022: 2021: 2020: Trend Percent for Cost of Goods Sold: Numerator: Denominator: 1 Is the trend percent for Cost of Goods Sold favourable or unfavourable? 2024: 2023: 2022: 2021: = Trend percent % = % % % Trend Percent for Accounts Receivable: Numerator: Denominator: Trend percent % 2020: Is the trend percent for Accounts Receivable favourable or unfavourable? % %