Required 1 Comp IS Required 1 Comp BS Required 2 Complete the below table to calculate the trend percents for all components of comparative income statements using 2015 as the base year. Note: Round your percentage answers to 1 decimal place. Sales Cost of goods sold Gross profit Operating expenses Net income HAROUN COMPANY Income Statement Trends For Years Ended December 31, 2021-2015 2021 2020 2019 2018 2017 2016 2015 % % % % % % 100.0 % 100.0 100.0 100.0 % % % % % % 100.0 % HAROUN COMPANY Comparative Income Statements For Years Ended December 31, 2021-2015 ($ thousands) Sales 2021 $ 1,659 2020 $ 1,453 2019 $ 1,322 2018 $ 1,212 2017 2016 2015 $ 1,131 $ 1,052 $ 862 Cost of goods sold Gross profit Operating expenses 1,193 466 356 971 835 731 679 635 506 482 487 481 452 417 356 278 255 188 163 161 134 Net income $ 110 $ 204 $ 232 $ 293 $ 289 $ 256 $ 222 HAROUN COMPANY Comparative Year-End Balance Sheets December 31, 2021-2015 ($ thousands) Assets Cash Accounts receivable, net Merchandise inventory Other current assets Long-term investments Plant assets, net Total assets Liabilities and Equity 2021 2020 2019 2018 2017 2016 2015 $ 104 746 $ 137 2,700 784 1,966 $ 143 710 1,718 $ 146 544 1,447 $ 151 479 1,300 $ 149 454 1,104 $ 154 320 801 69 62 38 69 58 59 31 0 Ө 0 3,305 3,292 2,879 $ 6,924 $ 6,241 $ 5,488 213 1,624 $ 4,043 213 1,680 213 213 1,493 1,281 $ 3,881 $ 3,472 $ 2,800 Current liabilities Long-term liabilities 1,742 1,862 $ 1,465 1,622 $ 961 1,578 Common stock 1,260 1,260 1,260 $ 799 733 1,120 $ 694 748 $ 656 $ 423 810 608 1,120 980 980 Other paid-in capital Retained earnings 315 1,745 315 1,579 315 1,374 280 1,111 280 1,039 245 245 781 544 Total liabilities and equity $ 6,924 $ 6,241 $ 5,488 $ 4,043 $ 3,881 $ 3,472 $ 2,800

Chapter22: Accounting For Changes And Errors.