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For the following financial statement items, calculate trend percents using 2010 as the base year: 2014 2013 2012 2011 2010 Sales $1,195,400 $1,118,000 $1,049,000 $963,200

For the following financial statement items, calculate trend percents using 2010 as the base year:

2014

2013

2012

2011

2010

Sales

$1,195,400

$1,118,000

$1,049,000

$963,200

$860,000

Cost of sales

752,400

704,000

671,000

616,700

559,000

Gross profit

$ 443,000

$ 414,000

$ 378,000

$ 346,500

$ 301,000

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