Friendly Bookstore has experienced rapid growth since its formation in 2017. Following is selected data from its annual report Item Sales 2020 Cost of Goods Sold Net Income $63,600 Total Assets Number of Books Sold 2017 2019 $840,000 $1,512,000 $1,164,000 $1,000,000 $618,000 $504,000 $1,165,200 $717,600 $42,000 $55,200 $46,000 $921,600 $763,000 $ 1,320,000 $ 1,076,400 135.561 126,400 146,384 171,406 2018 equired: a. Perform a horizontal common-size analysis of the data given. (6 marks] Item Sales 2020 2019 2018 2017 Cost of Goods Sold Net Income Total Assets Number of Books Sold Activate Windber