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Data for the most recent four fiscal years of Burleigh Falls Corp. are given below: 2020 2019 2018 2017 Net sales $83,000 $75,000 $67,000

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Data for the most recent four fiscal years of Burleigh Falls Corp. are given below: 2020 2019 2018 2017 Net sales $83,000 $75,000 $67,000 $60,000 Cost of goods sold 34,000 32,000 30,000 26,000 Gross profit $49,000 $43,000 $37,000 $34,000 Operating expenses 26,000 22,000 19,000 14,000 Net income $23,000 $21,000 $18,000 $20,000 A table showing trend percentages for net income for 2017-2020,

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