Using 2010 as the base year, prepare a trend analysis of the data that follow, and tell whether the situation shown by the trends is favorable or unfavorable. (Round to one decimalplace.)

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Net sales Cost of goods sold General and administrative expenses Operating income 2014 2013 20122012010 $51,040 $47,960 $48,400 $45,760 $44,000 34,440 30,800 31,080 29400 28,000 10,176 6,040 6,792 7,446,568 6,400 10,560 10,368 9,792 9,600