Selected comparative financial statements of Haroun Company follow.

HAROUN COMPANY
Comparative Income Statements
For Years Ended December 31, 20212015
($ thousands)	2021	2020	2019	2018	2017	2016	2015
Sales	$ 1,515	$ 1,327	$ 1,207	$ 1,107	$ 1,033	$ 960	$ 787
Cost of goods sold	1,089	886	762	667	620	580	462
Gross profit	426	441	445	440	413	380	325
Operating expenses	324	254	233	172	149	147	122
Net income	$ 102	$ 187	$ 212	$ 268	$ 264	$ 233	$ 203

HAROUN COMPANY
Comparative Year-End Balance Sheets
December 31, 20212015
($ thousands)	2021	2020	2019	2018	2017	2016	2015
Assets
Cash	$ 78	$ 103	$ 107	$ 109	$ 114	$ 112	$ 116
Accounts receivable, net	560	588	532	408	360	341	240
Merchandise inventory	2,025	1,475	1,288	1,085	975	828	601
Other current assets	52	47	29	52	44	44	23
Long-term investments	0	0	0	160	160	160	160
Plant assets, net	2,478	2,468	2,160	1,218	1,258	1,119	960
Total assets	$ 5,193	$ 4,681	$ 4,116	$ 3,032	$ 2,911	$ 2,604	$ 2,100
Liabilities and Equity
Current liabilities	1,305	$ 1,098	$ 720	$ 599	$ 520	$ 492	$ 317
Long-term liabilities	1,396	1,216	1,183	549	561	608	456
Common stock	945	945	945	840	840	735	735
Other paid-in capital	236	236	236	210	210	184	184
Retained earnings	1,311	1,186	1,032	834	780	585	408
Total liabilities and equity	$ 5,193	$ 4,681	$ 4,116	$ 3,032	$ 2,911	$ 2,604	$ 2,100

Required: 1. Complete the below table

Selected comparative financial statements of Haroun Company follow.

HAROUN COMPANY
Comparative Income Statements
For Years Ended December 31, 20212015
($ thousands)	2021	2020	2019	2018	2017	2016	2015
Sales	$ 1,515	$ 1,327	$ 1,207	$ 1,107	$ 1,033	$ 960	$ 787
Cost of goods sold	1,089	886	762	667	620	580	462
Gross profit	426	441	445	440	413	380	325
Operating expenses	324	254	233	172	149	147	122
Net income	$ 102	$ 187	$ 212	$ 268	$ 264	$ 233	$ 203

HAROUN COMPANY
Comparative Year-End Balance Sheets
December 31, 20212015
($ thousands)	2021	2020	2019	2018	2017	2016	2015
Assets
Cash	$ 78	$ 103	$ 107	$ 109	$ 114	$ 112	$ 116
Accounts receivable, net	560	588	532	408	360	341	240
Merchandise inventory	2,025	1,475	1,288	1,085	975	828	601
Other current assets	52	47	29	52	44	44	23
Long-term investments	0	0	0	160	160	160	160
Plant assets, net	2,478	2,468	2,160	1,218	1,258	1,119	960
Total assets	$ 5,193	$ 4,681	$ 4,116	$ 3,032	$ 2,911	$ 2,604	$ 2,100
Liabilities and Equity
Current liabilities	1,305	$ 1,098	$ 720	$ 599	$ 520	$ 492	$ 317
Long-term liabilities	1,396	1,216	1,183	549	561	608	456
Common stock	945	945	945	840	840	735	735
Other paid-in capital	236	236	236	210	210	184	184
Retained earnings	1,311	1,186	1,032	834	780	585	408
Total liabilities and equity	$ 5,193	$ 4,681	$ 4,116	$ 3,032	$ 2,911	$ 2,604	$ 2,100

Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period?

to calculate the trend percents for all components of both statements using 2015 as the base year. 2. Refer to the results from part 1. (a) Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (c) Did inventory increase over this period?