Required: Following Simplicity Financial and Business Advisory Group Pty Ltd policies and procedures prepare the following: Task 1 Financial statement analysis The client needs a review of financial performance as well as working capital management. a) Use the Net Sales and Cost of goods information supplied to work out the gross profit. b) Work out the Trend percentages for the information in item 1 using 2018 as the base year. c) Perform a horizontal analysis using both dollar amounts and percentages. d) Perform a vertical analysis 2021 and 2022. e) Discuss the importance of AASB101 in relation to financial Statement analysis.