Sales Cost of goods sold Accounts receivable 2021 $ 397,489 205,129 19,195 2020 $ 264,939 136,819 15,525 2019 $ 218,958 114,869 14,977 2018 $ 155,842 80,579 9,086 2017 $116,300 59,313 7,943 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. Trend Percent for Net Sales: Denominator: Numerator: Trend percent % 94 % 2021: 2020: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable Trend Percent for Cost of Goods Sold: Denominator: Numerator: Trend percent 98 1 1 2021: 2020 2019: 2018: 2017: 1 96 Trend Percent for Cost of Goods Sold: Denominator: Numerator: Trend percent 2021: 7 % 2020: 111111 % % 2019: 2018: 2017: is the trend percent for Cost of Goods Sold favorable or unfavorable? % 96 Trend Percent for Accounts Receivable Denominator Numerator: Trend percent 2021 se % % 2020 2019: 2018: 2017: Is the trend percent for Accounts Receivable favorable or unfavorable? %6 %