Need Help with the trend analysis Show all images Show all images Show all images done loading Comparative Income Statements 10 13 17 18 Ig

Need Help with the trend analysis

Comparative Income Statements 10 13 17 18 Ig 20 22 23 24 25 26 Net sales Cost of goods sold Gross margin Operating expenses Net i ncome Cash 2024 S 450,000 275,000 175,000 1 og,ooo $66,000 2023 S 400,000 225,000 175,000 104,000 $71,000 Comparative Balance Sheets Accounts receivable, net Inventory Plant assets, net Tota I assets Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity 2024 S 62,000 a 5,000 160,000 $357,000 S 51,000 222,000 Sss7 ,ooo 2023 S 54,000 56,000 120,000 $293,000 $41,000 56,000 156,000 $293,000 2022 S 392,000 2 60,000 132,000 $38,000 S 23,000 55,000 100,000 $232,000 S 39,000 85,000 $232,000 2021 $410,000 285,000 125,000 78,000 $47,000 2021 $46,000 39,000 37 ,ooo $202,000 $35,000 47 ,ooo $202,000