Oppong Corporation's income statement and balance sheet are given below a) Express this information as vertical trend percents. Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. (For example: 12.34%) Oppong Corporation Income Statement Vertical Trend Percentages (%) 2016 2015 2014 2016 2015 2014 Sales Cost of goods sold Gross profit from sales Operating expenses Income before tax Income taxes expense Net income $1,706,000 $1,460,000 $1,248,000 1,303,000 1,187,000 1,060,000 403,000 273,000 188,000 162,000 151,000130,000 58,000 72,000 36,000 17,000 $169,000 $86,000 $41,000 241,000 122,000 Oppong Corporation Balance Sheet Vertical Trend Percentages (%) 2016 2015 2014 2016 2015 2014 Cash Accounts receivable, net Prepaid expenses Merchandise inventory Plant assets, net Total assets Accounts payable Long-term notes payable Share capital (100,000 issued) Retained earnings Total liabilities and equity $374,000 $326,000 $235,000 351,000 312,000 285,000 40,000 1,043,000 873,000 763,000 146,000 121,000 103,000 $1,970,000 $1,680,000 $1,426,000 $665,000 $629,000 $534,000 248,000 234,000 191,000 582,000 488,000 431,000 475,000 329,000 270,000 $1,970,000 $1,680,000 $1,426,000 56,000 48,000 b) Assuming all other things are constant, indicate whether the vertical trend between net income and operating expenses is favourable or unfavourable The vertical trend is (select one)