HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 20212015 ($ thousands) 2021 2020 2019 2018 2017 2016 2015 Sales $ 2,493 $ 2,183 $ 1,987 $ 1,821 $ 1,699 $ 1,580 $ 1,295 Cost of goods sold 1,792 1,458 1,254 1,097 1,020 954 760 Gross profit 701 725 733 724 679 626 535 Operating expenses 534 418 383 283 245 242 201 Net income $ 167 $ 307 $ 350 $ 441 $ 434 $ 384 $ 334 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 20212015 ($ thousands) 2021 2020 2019 2018 2017 2016 2015 Assets Cash $ 126 $ 167 $ 173 $ 177 $ 184 $ 181 $ 187 Accounts receivable, net 906 952 862 661 582 551 389 Merchandise inventory 3,279 2,387 2,086 1,758 1,579 1,341 972 Other current assets 84 76 47 83 71 72 37 Long-term investments 0 0 0 258 258 258 258 Plant assets, net 4,013 3,997 3,496 1,973 2,038 1,813 1,557 Total assets $ 8,408 $ 7,579 $ 6,664 $ 4,910 $ 4,712 $ 4,216 $ 3,400 Liabilities and Equity Current liabilities 2,113 $ 1,777 $ 1,166 $ 970 $ 841 $ 796 $ 513 Long-term liabilities 2,260 1,968 1,915 889 908 984 738 Common stock 1,530 1,530 1,530 1,360 1,360 1,190 1,190 Other paid-in capital 383 383 383 340 340 298 298 Retained earnings 2,122 1,921 1,670 1,351 1,263 948 661 Total liabilities and equity $ 8,408 $ 7,579 $ 6,664 $ 4,910 $ 4,712 $ 4,216 $ 3,400 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period?

Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2015 as the base year. (Round your percentage answers to 1 decimal place.) Complete the below table to calculate the trend percents for all components of comparative income statements using 2015 percentage answers to 1 decimal place.)