Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.)

($ thousands)	Current Year			Prior Year
Net sales	$	1,095,200		$	370,000
Cost of goods sold		536,648			109,520

Check my work Use the following information to determine the Prior Year and Current Year trend percents for net sales using the Prior Year as the base year. (Enter the answers in thousands of dollars.) ($ thousands) Net sales Cost of goods sold Current Prior Year Year $1,095,200 $370,000 536, 648 109,520 Trend Percent for Net Sales: 1 Choose Denominator: Choose Numerator: = Trend Percent = Current Year: Prior Year