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: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 $4,547,510 $ 88,710 410,803 819,767 $1,319,280 $ 312,869 Year 2 $4,840,990 $ 95,030 420,456 871, 045 $1,386,531 $336,311 Year 3 $5,048,550 $ 100,020 442,102 830,075 $1,372,197 $ 343, 152 Year 4 $5,423,000 $ 73,512 505,745 899,238 $1,478,495 $ 321,447 Year 5 $5,761, 710 $ 74,552 566,982 898, 718 $1,540,252 $ 397,268 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).) Yoar 2 Year 3 Year 1 100.0% Year 4 Year 5 % % % % % % Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities % % % 100.0% 100.01% 100.0% 100.0% 100.0% % % % % % % % % % % % % %