Selected comparative financial statements of Haroun Company follow. ($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income. HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2019-2013 2018 2017 2019 2015 $2,067 $1,811 $1,648 $1,510 $1,409 2016 2014 $1,310 $1,074 2013 1,486 581 1,208 1,040 910 845 791 630 441 603 345 608 600 564 519 444 316 233 202 200 166 $ 140 $ 258 $ 292 $ 367 $ 362 $ 319 $ 278 HAROUN COMPANY Comparative Balance Sheets December 31, 2019-2013 2019 3,472 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current liabilities Long-term liabilities Common stock 4,248 4,231 3,703 $8,903 $8,024 $7,056 $5,198 $4.990 $4,464 2018 2017 2016 2015 2014 2013 134 $ 177 $ 183 $ 187 $ 195 $ 192 $ 198 960 1,008 2,528 912 2,209 700 616 5841 412 1,861 1,672 1,420 1,030 89 80 49 88 75 76 40 274 274 274 2,088 2,158 1,918 274 1,646 $3,600 $2,240 $1,884 $1,236 $1,028 2,391 2,083 1,620 1,620 2,027 1,620 941 1,440 $ 892 961 1,440 844 $544 1,041 781 1,260 1,260 Other paid-in capital Retained earnings 405 2,247 Total liabilities and equity $8,903 405 405 2,032 1,768 $8,024 $7,056 360 1,429 $5,198 360 1,337 $4,990 315 1,004 315 700 54,464 $3,600 Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2013 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?