HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2018-2012 ($ thousands) 2018 2017 2016 2015 2014 2013 2012 Sales $2,491 $2,182 $1,985 $1,819 $1,698 $1,579 $1,294 Cost of goods sold 1,792 1,458 1,254 1,097 1,020 1954 Gross profit 699 724 731 722 678 625 534 Operating expenses 534 418383 283 242 201 Net income $ 165 $ 306 $ 348 $ 439 $ 433 $ 383 $ 333 760 245 HAROUN COMPANY Comparative Balance Sheets December 31, 2018-2012 2018 2017 2016 2015 2014 2013 2012 $ 115 $ 152 $ 158 $ 161 $ 168 $ 165 $ 171 826 868 786 602 531 503 355 2,990 2,177 1,902 1,602 1,439 1,222 887 77 43 76 34 236 236 236 3,658 3,644 3,187 1,99 1,899 1,03 1,411 $7,666 $6,910 $6,076 $4,476 $4,297 $3,844 $3,100 69 65 64 236 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock other paid-in capital Retained earnings Total liabilities and equity 0 $1,927 $1,621 $1,063 $ 885 $ 768 $726 $ 468 2,061 1,795 1,746 811 828 897 673 1,395 1,395 1,395 1,240 1,240 1,085 1,085 349 349 349 310 310 271 271 1,934 1,750 1,523 1,230 1,151 865 603 $7,666 $6,910 $6,076 $4,476 $4,297 $3,844 $3,100 Complete this question by entering your answers in the tabs below. Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative income statements using 2012 as the base year. HAROUN COMPANY Income Statement Trends For Years Ended December 31, 20182012 2017 2016 2015 2018 2014 2013 Sales Cost of goods sold Gross profit Operating expenses Net income 2012 100.0 % 100.0 100.0 1000 100.0 % Comp BS > HAROUN COMPANY Balance Sheet Trends December 31, 2018-2012 2016 2015 2018 2017 2014 2013- 2012 100.0 % 100.0 100.0 100.0 100.0 100.0 100.0 % Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equity 100.0 % 100.0 100.0 1000 100.0 100.0%