Exercise 14-7 Trend Percentages (L014-1) Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $4,593,840 $4,744, 110 $4,995, 120 $5,513,940 $5,805,550 Cash $ 89,617 $ 98,992 $ 89,555 s 75,292 $ 79,553 Accounts receivable, net 419,649 420,686 448,831 506,715 560,745 Inventory 816,795 877,634 824, 168 896,024 902,654 Total current assets $1,317,061 $1,397,222 $1,362,554 $1,478,031 $1,542,952 Current liabilities $ 307,231 $ 337,325 $ 338,591 $ 324,079 $ 404,308 Required: 1. Express all of the asset, liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Years % % % Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities % % % % % % % % % % % % % %