($ thousands) Sales Cost of goods sold Gross profit Operating expenses Net income HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 $2,780 $2,435 $2,215 $2,630 $1,895 $1,762 $1,444 2,000 1,626 1,399 1,225 1,138 1,064 848 780 809 816 805 757 6 99 596 595 465 427 315 273 269 224 $ 185 $ 344 $ 389 $ 490 $ 484 $ 429 $ 372 HAROUN COMPANY Comparative Balance Sheets December 31, 2017-2011 2017 2016 2015 2014 2013 2012 2011 $ 123 $ 127 $ 85 613 2,218 57 $ 113 644 1,615 51 373 263 658 ($ 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-term liabilities Common stock Other paid-in capital Retained earnings Total liabilities and equity $ 117 $ 120 $ 124 583 447 394 1,4111,189 1,068 3 2 56 48 0 175 175 2,365 1,334 1,379 $4,508 $3,321 $3,188 907 48 175 1,226 $2,852 2,715 2,784 $5,688 $5,127 25 175 1,652 $2,300 $ 656 $ $ 538 6@1 $1,429 1,528 1,035 259 1,437 $5,688 665 $1,202 1,331 1,035 259 1,386 $5,127 $ 788 1,295 1,035 259 1,131 $4,508 569 614 920 230 920 230 914 $3,321 $ 347 499 895 201 448 $2,300 805 201 643 $2,852 855 $3,188 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 2016 2015 2014 2013 2017 2012 Sales Cost of goods sold Gross profit Operating expenses Net income 2011 100.0 100.0 100.0 100.0 100.0% % % % % % % Comp IS Comp BS >