EC-14 Computing trend analysis Grand Oaks Realty's net revenue and net income for the following fiveyear period, using 2015 as the base year, follow: 2019 2018 2017 2016 2015 Net Revenue $ 1,360,000 0 1,100,000 $ 1,14?,000 $ 1,000,000 $ 1,044,000 Net Income 12?,000 120,000 0?,000 73,000 33,000 Requirements 1. Compute a trend analysis for net revenue and net income. Round to the nearest full percent. 2. Which grew faster during the period, net revenue or net income? SOLUTION Requirement 1 2019 2010 2017 2015 2015 Net revenue Trend percentages Net income Trend percentages