Sales Cont of goods Hold 2021 581.000 66,300 2020 $ 65,000 45.000 2019 563.000 36,500 2018 556,000 45,000 2013 550,000 19,000 53 Dollar amounts stated are in thousands a. Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a five-year period. Treat 2017 as the base year. b. State whether the trends are favorable or unfavorable. Complete this question by entering your answers in the tabs below. Required A Required Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a five-year period. Treat 2017 as the one year (Round your answers to the nearest whole percent. Le 1.2345 as 123%) 2021 2020 2019 2018 2017 Sales Cost of goods sold Required> Sales Cost of goods sold 2021 $ 81,000 66,300 2020 $ 65,000 45,000 2019 $ 63,000 36,600 2018 $ 56,000 46.800 2017 $50,000 30,000 Dollar amounts stated are in thousands. a. Compute trend percentages for the above items taken from the financial statements of Lopez Plumbing over a five-year period. Treat 2017 as the base year b. State whether the trends are favorable or unfavorable. Complete this question by entering your answers in the tabs below. Required A Required B State whether the trends are favorable or unfavorable. Trends Sales Cost of goods sold Favorable Unfavorable