The following items were taken from the financial statements of Pharoah, Inc., over a four-year period: Item 2022 2021 2020 2019 Net Sales $803,640 $787.350 $716,760 $543,000 Cost of Goods Sold 626,220 583,620 536,760 426,000 Gross Profit $177,420 $203,730 $180,000 $117,000 Using horizontal analysis and 2019 as the base year, compute the trend percentages for net sales, cost of goods sold, and gross profit. Indicate whether the trends are favorable or unfavorable for each item. (Round answers to O decimal places, eg. 15%) Item Net Sales Cost of Goods Sold Gross Profit 2022 96 2021 % 96 2020 %