Question 1. (3 Marks) Case 1 (2 Marks) a) Compute trend percentages for the following accounts using 2016 as the base year (round to whole numbers). b) State whether the situation as revealed by the trends appear to be favorable or unfavorable and why. 2020 2019 2018 282,800270,800252,600 Sales..... Cost of goods sold Accounts receivable, 128,200 122,080 115,280 18,100 17,300 16,400 Answer 2020 2019 2018 Sales..... . . Cost of goods sold Accounts receivable.. Analysis is the trend positive or negative on sales, cost of sales and accounts receivable? Any other comments 2020 2019 2018 2017 2016 282,800270,800252,600234,600150,000 128,200 122,080 115,280 106,440 67,000 18,100 17,300 16,400 15,200 9,000 2020 2019 2018 2017 2016 accounts