Exercise 14-7 Trend Percentages [LO14-1) Rotorua Products, Ltd., of New Zealand markets agricultural products for the burgeoning Asian consumer market. The company's current assets, current lobilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Year Year Year) Year 4 Year 5 Sales $4,642,330 $4,774,600 $5,053, 710 $5,497,820 $5,739,290 Cash 93,424 $ 107,911 $ 89,425 5 77,759 414,819 Accounts receivable, net 78,934 418,591 440,682 498,106 568,866 Inventory 805,469 871,249 834,925 889.709 907.658 Total current assets $1,313,712 $1,397,751 $1,365,082 $1,465,574 $1,555, 250 Current liabilities $ 316,480 $332,331 $ 329,888 $ 331,869 $ 402,269 $ erences Required: 1. Express all of the asset. liability, and sales data in trend percentages. Use Year 1 as the base year. (Round your percentage answers to 1 decimal place le., 0.1234 should be entered as 12.3).) Year 1 Year 2 Yoar 3 Year 4 Year 5 19 % Sales Current assets Cash Accounts receivable Inventory Total current assets Current abilities % BER X % % 2 RR 3 % %