Exercise 14-7 Trend Percentages [LO14-1) Ltd, of New Zealand markets agricultural products for the burgeoning Asian consumer market current assets, current liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year 1 Sales $4,510,210 Cash $ 93,582 Accounts receivable, 480.242 net Inventory 803,835 Total current assets $1,297,664 Current liabilities $ 314,154 Year 2 $4,812,380 $ 91,256 426.821 871,816 $1,389,893 $ 345, 506 Year 3 $4,952,400 $ 84,717 442.481 818,369 $1,345,567 $ 336,385 Year 4 $5,570,150 $ 87,584 5 19, 134 881,908 $1,479,626 $ 333,845 Year 5 $5,758, 490 $ 67,689 5 60,672 907,261 $1,535,542 $ 392,286 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 2 Year 3 Year 4 Year 5 Sales Current assets Cash Accounts receivable Inventory Total current assets Current abilities