stion Completion Status: 4 5 7 9 Moving to another question will save this response. on 3 Friendly Bookstore has experienced rapid growth since its formation in 2017. Following is selected data from its annual report quired: Item Sales Cost of Goods Sold Net Income $ 63,600 $55,200 Total Assets $1,320,000 $ 1,076,400 2020 2019 2018 $1,512,000 $1.164,000 $1,008,000 $1,165,2001 $717,600 $ 618,000 2017 $840,000 $504,000 $ 42,000 $763,000 $46,800 $921,600 Number of Books Sold 171,406 146,384 126,400 135,561 a. Perform a horizontal common-size analysis of the data given. [5 marks] Item 2020 2019 2018 2017 Sales Cost of Goods Sold Net Income Total Assets Number of Books Sold: