Selected comparative financial statements of Haroun Company follow. KAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2020-2014 (5 thousands) Sales Cost of goods sold Gross profit Operating expenses 2020 3019 $1,496 2018 $1,370 $1,264 2017 2016 $1,106 2015 1,246 1,033 302 802 752 1,110 710 2014 5929 586 44 464 462 434 400 342 330 256 234 170 146 144 318 118 200 $234 $292 5288 $ 356 224 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 3030-2014 (thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current st 20201 2019 2018 2017 2015 2014 $ 58 44 3:06 490 1,838 514 1,364 466 3,204 360 318 303 316 3,033 936 10 615 36 32 14 34 20 28 Long-term investment 146 146 146 146 Plant assets, net 3,020 3,014 3,753 944 970 960 725 Total assets 14,442 14,003 $3,518 $2,600 2,494 13,332 1,800 Liabilities and Equity Current liabili 1,220 3,042 8714 5614 Long-term liabilities 1,294 1,140 1,113 570 540 420 400 Common stock 1,000 1,000 1,000 450 ase 650 650 Other paid-in capital 250 250 250 170 176 150 150 Betained earnings 478 579 438 396 348 290 318 Total liabilities and equity 4,443 $ 4,003 83,510 3,600 2,496 1,800 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2014 as the base year. 2. Refer to the results from part 1 ( Did sales grow steadily over this period? (b) Did net income as a percent of sales grow over the past four years? (d) Did inventory increase over this period? Complete this question by entering your answers in the tabs below. References Complete this question by entering your answers in the tabs below. Required 1 Comp 15 Required 1 Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative income statements using 2014 as the base year. Note: Round your percentage answers to 1 decimal place. HAROUN COMPANY Sales Cost of goods sold Gross profit Operating expenses Net income Income Statement Trends For Years Ended December 31, 2020-20141 2020 2019 % 2018 2017 % 2016 2015 2014 % 100.0 % 100.0 100.0 100.0 100.0 % Requin Cete 10 Required 1 Comp B5 > Print References Required 1 Comp 15 Required 1 Comp 85 Required 2 Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2014 as the base year. Note: Round your percentage answers to 1 decimal place. Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liablities Long-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities & equity HAROUN COMPANY Balance Sheet Trends December 31, 2020-2014 2020 2019 2018 2017 2016 2015 2014 %6 100.0% 100.0 100.0 100.0 100.0 100.0 % 100.0% % 16 100.0 % 100.0 100.0 100.0 100.0 100.0 %