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 $4,602,910 $4,903,760 $5,106,860 $5,506,930 $5,650,720 Cash $ 96,685 $ 96,376 $ 89,485 $ 82,519 5 69,485 Accounts receivable, net 412,548 427,846 439,478 514,028 567,614 Inventory 811,612 867, 360 821,779 896,683 896,536 Total current assets $1,320,845 $1,391,582 $1,350,742 $1,493,230 $1,533, 635 Current liabilities $ 305, 694 339,659 $ 329,703 $ 321, 624 $ 395,855 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 (ie., 0.1234 should be entered as 12.3).) Year 1 Year 2 Yoar 3 Year 4 Yoar 5 % % % Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities % % % % % % % % % % % % % % % % % % % %