The comparative financial statements for CyberOptic Corporation are in the Working Papers. The financial statements have been completed up to the trend analysis section. The following information is taken from the financial records of CyberOptic for two consecutive fiscal years ended December 31.

Instructions:
1. Complete the following comparative financial statements using trend analysis. Round percentage calculations to the nearest 0.1%.

a. Comparative income statement

b. Comparative stockholders’ equity statement

c. Comparative balance sheet 

2. Use the financial statements’ trend analysis to determine whether the trend from the prior to the current year for each of the following items appears to be favorable or unfavorable. Give reasons for these trends.

a. Net sales

b. Net income

c. Total stockholders’ equity

d. Total assets

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Accounts Receivable (book value), January 1 Total Assets, January 1 Total Stockholders' Equity, January 1 Market Price per Share of Stock, December 31 Current Year $ 76,820.00 670,670.00 350,040.00 23.50 Prior Year $ 69,450.00 544,200.00 314,840.00 16.50