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 liabilities, and sales over the last five years (Year 5 is the most recent year) are as follows: Sales Cash Accounts receivable, net Inventory Total current assets Current liabilities Year 1 $4,558,030 $ 84,980 415,376 818,253 $1,318,609 $ 302,084 Year 2 $ 4,848,580 101,511 417,959 882,543 $1,401, 913 Year 3 $5,015, 100 $ 93, 469 449,048 818, 826 $1,361,343 $ 326,374 Year 4 $5,495,030 $ 76,226 501,935 890, 775 $1,468,836 321, 195 Year 5 $5,776,240 $ 81,507 566,925 911,113 $1,559,545 $ 390,119 349,823 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 (i.e., 0.1234 should be entered as 12.3).) Year 1 Year 2 Year 3 Year 4 Year 5 % % % % % % % % Sales Current assets: Cash Accounts receivable Inventory Total current assets Current liabilities % % % % % % % % % % % 9 % % %