Exercise 14-7 Trend Percentages (LO14-1] 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 $4,584,470 $ 81,186 412,680 800,395 $1,294,261 $ 306,157 Year 2 $4,852,100 $ 102,829 419,766 867,589 $1,390,184 $ 337,582 Year 3 $5,100,820 $ 91,381 439,347 817,926 $1,348,654 $ 330,675 Year 4 $5,428,400 $ 87,956 501,624 898, 202 $1,487,782 $ 329,378 Year 5 $5,759,590 $ 71,112 569,477 904,015 $1,544,604 $ 397,345 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 4,584,470.0 % Year 2 4,852,100.0 % Year 3 5,100,820.0 % Year 4 5,428,400.0 % Year 5 5,759,590.0 % % 1% % Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities