Selected comparative financlal statements of Haroun Company follow. AROUN CANY Comparative Income Statements For Years Ended December 31, 2017-2011 ($ thousands) 2017 2016 2015 2014 2013 2012 2011 Sales $2,300 $2,015 $1,833 $1,680 $1,568 $1,458 $1,195 Cost of 1,653 1,345 1,157 1,012 941 880 701 qoods sold Gross 647 670 676 668 627 578 494 profit Operating 491 384 353 260 226 223 185 expenses 156 $ 286 $ 323 408 401 S 355 $ 309 Net income HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 ( thousands) 2017 2016 2015 2014 2013 2012 2011 ssets Cash 134 $ 177 183 $ 187 $ 195 $ 192 $ 198 ccounts 960 1,008 912 700 616 584 412 receivable, net Merchandise 3,472 2,528 2,209 1,861 1,672 1,420 1,030 inventory other current 89 80 49 88 75 76 40 assets Long-term investments 274 274 274 274 Plant assets, net 4,248 4,231 3,703 2,088 2,158 1,918 1,646 Total assets $8,903 $8,024 $7,056 $5,198 $4,990 $4,464 $3,600 Liabilitics and Equity Current $2,240 $1,884 $1,236 $1,028 $ 892 844 544 liabilities Long-term liabilities 2,391 2,083 2,027 941 961 1,041 781 Common stock 1,620 1,620 1,620 1,440 1,440 1,260 1,260 other paid-in 405 405 405 360 360 315 315 ca Retained earnings Total liabilities 2,247 2,032 1,768 1,429 1,337 1,004 700 $8,903 $8,024 $7,056 $5,198 $4,990 $4,464 $3,600 and equity Required: 1. Complete the below table to calculate the trend percents for all components of both statements using 2011 as the base year. (Round your percentage answers to 1 decimal place.) Complete this question by entering your answers in the tabs below. Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative income statements using 2011 as the base year. HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 100.0% Sales Cost of goods sold 100.0 Gross profit Operating 100.0 100.0 expenses 100.0% Net income Comp BS> Comp IS Complete this question by entering your answers in the tabs below. Comp IS Comp BS Complete the below table to calculate the trend percents for all components of comparative balance sheets using 2011 as the base year. HAROUN COMPANY Balance Sheet Trends December 31, 2017-2011 2011 2017 2016 2015 2014 2013 2012 Assets 100.0% Cash Accounts receivable, net Merchandise inventory Other current assets 100.0 100.0 100.0 Long-term investments 100.0 100.0 Plant assets, net 100.0% Total assets Liabilities and Equity Current liabilities Long-term liabilities 100.0 % % 100.0 Common stock 100.0 Other paid-in capital Retained earnings Total liabilities & equity 100.0 100.0 100,0% Comp BS Comp IS