EXERCISE 15-7 Trend Percentages LO15-1 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 vears (Year 5 is the most recent year) are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $1,800,000 $1,980,000 $2,070,000 $2,160,000 $2,250,000 Cash $ 50,000 300,000 600,000 65,000 345,000 48,000 $ 40,000 $ Accounts receivable, net Inventory 30,000 570,000 405,000 510,000 660,000 690,000 720,000 750,000 Total current assets $ 950,000 $1,070,000 $1,143,000 $1,270,000 $1,350,000 Current liabilities. $ 400,000 $ 440,000 $ 520,000 $ 640,000 $ 580,000 Required: 1. Express all of the asset, liability, and sales data in trend percentages. (Show percentages for each item.) Use Year 1 as the base year and carry computations to one decimal place. 2. Comment on the results of your analysis