Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three a situation as revealed by the trend percents appears to be favorable or unfavorable. \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multicolumn{6}{|c|}{ Trend Percent for Accounts Receivable: } & \\ \hline & Numerator: & 1 & Denominator: & & & \\ \hline & & I & P & = & \multicolumn{2}{|l|}{ Trend percent } \\ \hline 2021: & & 1 & L & = & & % \\ \hline 2020: & & 1 & P & = & & % \\ \hline 2019: & & 1 & 7 & = & & % \\ \hline 2018: & & 1 & 7 & = & & % \\ \hline 2017: & & 1 & p & = & & % \\ \hline \multicolumn{4}{|c|}{ Is the trend percent for Accounts Receivable favorable or unfavorable? } & & & \\ \hline \end{tabular}