The condensed statements of Organic Grocery Corporation follow: Organic Grocery Corporation Income Statement (S000) For Years Ended December 31 Organic Grocery Corporation Balance Sheet (S000) December 31 2020 2019 2018 2020 2019 2018 $784,000 S659,200 $568,000 436.000 Assets Net sales Current assets $180.800 $100.000 $143.200 5.600 346.400 270,400 Cest of goods sold. Gross profit from sales Investments. 21,600 $348,000 $312.800 $297.600 $104,800 $ 82,800 $ 87,200 Plant and equipment. net. Total assets Liabilities and Equity Current liabilities. 408,000 424,000 313.600 $588,800 $529.600 $478,400 Seling expenses Administrative expenses 78,400 83,600 76,000 $183.200 $166,400 $163.200 $164,800 $146,400 $134,400 51.240 $107.120 $ 95.160 $ 87.360 Total expenses. Profit before taxes $ 88,000 $ 73,600 $ 61,600 156,800 156.800 128.000 Common shares Income takes 57,680 47,040 Retained eornings. 344,000 299.200 288,800 Profit. Total liabilities and equity $588.800 $529,600 $478,400 Required 1. Calculate each year's current ratio. 2. Express the income statement data in common-size percentages. 3. Express the balance sheet data in trend percentages with 2018 as the base vear Analysis Component: Comment on any significant relationships revealed by the ratios and percentages.