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Exercise 16-7 (Algo) Trend Percentages [LO16-1] Rotorua Products, Limited, 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, 582,900 $ 4,905, 020 $ 4,988, 740 $ 5,538, 540 $ 5, 704, 910 Cash $ 99, 121 $ 100, 713 $ 101, 808 $ 91, 814 $ 65, 826 Accounts receivable, net 419, 116 426, 016 449,939 513, 234 571, 991 Inventory 806, 875 867, 388 817, 383 897, 415 907 , 004 Total current assets $ 1, 325, 112 $ 1, 394, 117 $ 1, 369, 130 $ 1, 502, 463 $ 1, 544, 821 Current liabilities $ 308, 741 $ 336, 882 $ 340, 849 $ 333, 610 $ 398, 342 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 Year 2 Year 3 Year 4 Year 5 Sales % % % % Current assets: Cash % % % Accounts receivable, net Inventory Total current assets of Current liabilities