The following items were taken from the financial statements of St. Johns, Inc., over a four-year period:

Item		2018		2017		2016		2015
Net Sales		$655,000		$640,000		$575,000		$500,000
Cost of Goods Sold		520,000		480,000		435,000		400,000
Gross Profit		$135,000		$160,000		$140,000		$100,000

Using horizontal analysis and 2015 as the base year, compute the trend percentages for net sales, cost of goods sold, and gross profitThe following items were taken from the financial statements of St. Johns, Inc., over a four-year period:

Item		2018		2017		2016		2015
Net Sales		$655,000		$640,000		$575,000		$500,000
Cost of Goods Sold		520,000		480,000		435,000		400,000
Gross Profit		$135,000		$160,000		$140,000		$100,000

Using horizontal analysis and 2015 as the base year, compute the trend percentages for net sales, cost of goods sold, and gross profit