Exercise 13-3 (Algo) Computing and analyzing trend percents LO P1 Sales Cost of goods sold Accounts receivable. 2021 $ 600,923 302,962 29,085 2020 $387,692 195,346 22,719 2019 $ 321,736 163,918 22,007 2018 $216,657 109,629 12,631 2017 $ 162,900 81,450 11,110 Compute trend percents for the above accounts, using 2017 as the base year. For each of the three accounts, state whether the situation as revealed by the trend percents appears to be favorable or unfavorable. 2021: 2020: 2019: 2018: 2017: Trend Percent for Net Sales: Numerator: Denominator: Is the trend percent for Net Sales favorable or unfavorable? Trand Dareant for ant at Cande Calde Trend percent % % % %