Sales Cost of goods sold Accounts receivable 2021 2020 $ 721,991 $ 478,140 377,985 34,9441 250,283 27,923 2019 $ 375,012 198,156 25,613 2018 $ 267,866 141,290 15,617 2017 $ 199,900 103,948 13,653 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: Is the trend percent for Net Sales favorable or unfavorable? Trend Percent for Cost of Goods Sold: Numerator: Denominator: 2021: 2020: 2019: 2018: 2017: 1 Is the trend percent for Cost of Goods Sold favorable or unfavorable? = Trend percent 0% 0% 0% 0% 0% = Trend percent 0% = 0% = 0% 0% 0% 2021: 2020: 2019: 2018: 2017: Numerator: Trend Percent for Accounts Receivable: / Denominator: Is the trend percent for Accounts Receivable favorable or unfavorable? Trend percent = 0% 0% 0% 0% 0%