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 $2,462 $2,156 $1,962 $1,798 $1,678 $1,560 $1,279 1,771 1,239 1,084 1,008 943 757 691 716 723 714 670 617 528 526 411 377 278 241 238 198 $ 165 $305 $ 346 5 436 $ 429 $ 379 $ 330 1,440 HAROUN COMPANY Comparative Balance Sheets December 31, 2019-2013 2019 2018 2017 2016 2015 2014 2013 (s thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity Current Habilities Long-term liabilities Common stock Other paid-in capital Retained earnings $ 119 $ 157 $ 163 $ 166 $ 173 853 896 811 622 548 3,086 2,247 1,963 1,654 1,486 79 71 44 79 67 0 243 243 3,762 3,291 1,857 1,918 $7,914 $7,133 $6,272 $4,621 $4,435 $ 171 $ 176 519 366 1,262 915 67 35 243 243 1,706 1,465 $3,968 $3,200 3,772 $1,989 $1,673 $1,097 $ 913 2,125 1,851 1,801 836 2,440 1,440 1,440 1,280 360 360 360 320 2,000 2,809 1.574 1,272 $ 792 854 1,280 320 1, 189 $ 749 925 1,120 $ 483 694 1,120 280 623 280 894 omework Saved ZUI 2010 2015 853 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-tern liabilities Common stock Other paid in capital Retained earnings Total liabilities and equity $ 119 $ 157 F 163 $ 1665 173 $ 171 176 896 311 622 548 519 366 3.086 2,247 1,963 1,654 1,486 1,262 915 79 71 79 67 67 35 243 24 243 3.777 3.262 3,201 1.857 1,211 1.465 $7,914 17.1)) 36,272 $4,621 54,4553,968 33,200 1.706 OR nh $1,989 $1,673 $1,097 5 913 $ 792 $ 249 483 2,125 1,351 1.801 836 354 925 694 1.400 1,440 1,440 1,280 1,280 1,120 1,120 360 360 360 320 320 280 280 2.000 3,574 894 623 $7,914 97,133 $6,272 $4,621 $4,435 53,968 33,200 CE 1,272 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 (Did sales grow steadily over this period? () Did net income as a percent of sales grow over the past four years? (Did inventory increase over this period? Complete this question by entering your answers in the tabs below. Required: Comp 15 Required Comp 05 Required 2 Complete the below table to calculate the trend percents for all components of comparative Income statements in 2013 as the base year. (Round your percentage answers to I decimal place.) HAROUN COMANY