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 2019 2018 2017 2016 2015 2014 2013 $1,983 $1,737 $1,580 $1,448 $1,351 $1,257 $1,030 1,427 556 1,160 998 874 425 577 332 582 574 305 $ 131 $ 225 245 $ 277 $ 349 605 160 344 $ $ 265 425 HAROUN COMPANY Comparative Balance Sheets December 31, 2019-2013 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets 2019 2018 2017 2016 2015 2014 2013 1,092 $ 145 $ 191 $ 199 $ 203 1,040 988 3,762 2,738 2,393 758 2,016 $ 211 $ 208 668 $ 215 633 446 1,811 1,538 1,115 96 Long-term investments 0 87 0 Plant assets, net 4,602 4,585 54 0 4,010 96 296 81 296 82 Total assets $9,645 $8,693 $7,644 2,263 2,338 $5,632 $5,405 43 296 296 2,079 1,785 $4,836 $3,900 Liabilities and Equity Current liabilities $2,426 Long-term liabilities 2,590 Common stock 1,755 $2,040 $1,338 2,256 2,195 1,755 1,755 $1,113 1,019 1,560 $ 966 1,041 1,560 $ 914 $ 589 1,128 1,365 846 1,365 Other paid-in capital 439 Retained earnings Total liabilities and equity 2,435 $9,645 390 1,550 439 439 341 2,203 1,917 1,088 $8,693 $7,644 $5,632 $5,405 $4,836 $3,900 390 341 1,448 759 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?