Question: Year 1 Year 2 Year 3 Year 4 Year 5 Sales $100,000 $105,000 $110,250 $137,812 $206,718 COGS 75,000 78,750 82,687.50 66,150 59,535 Margin 25,000 26,250

Year 1

Year 2

Year 3

Year 4

Year 5

Sales

$100,000

$105,000

$110,250

$137,812

$206,718

COGS

75,000

78,750

82,687.50

66,150

59,535

Margin

25,000

26,250

27,562.50

71,662.50

147,183.75

Perform horizontal analysis of the data in the table to indicate any potential red flags regarding possible overstatemment of sales.

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