Joy Toy, a manufacturer of infants' blocks, presented the following data in its last annual report. This trend analysis begins with the year of formation, 2017. 2020 2019 2018 2017 Sales $61,000 $41,000 $25,000 $13,000 Cost of Sales 541,300 $28,175 17,201 G,000 Net Income 9,019 $6,412 $3,850 $2,000 Cases of Blocks Shipped 33,126 22,681 13,900 7,400 Required: a. Using 2017 as the base year, perform a horizontal, common-size analysis. b. Comment on the results of the horizontal analysis

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