Sales Cost of goods sold Accounts receivable 2021 $ 612,668 308,734 29,776 2020 $403,071 203,086 23,660 2019 $ 334,499 170,350 22,947 2018 $ 238,928 120,564 13,930 2017 $174,400 87,200 11,964 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. Numerator: Trend Percent for Net Sales: Denominator: 2021: 2020: 2019: 2018: 2017: Is the trend percent for Net Sales favorable or unfavorable? 2021: 2020: 2019: Trend Percent for Cost of Goods Sold: Numerator: Denominator: Trend percent = % % % % % = Trend percent % % % %