Net sales revenue, net income, and common stockholders' equity for Eyesight Mission Corporation, a manufacturer of contact lenses, follow for a four-year period.E (Click the icon to view the net sales revenue, net income, and common equity)Read the requirements.Requirement 1. Compute trend analyses for each item for 2017-2019. Use 2016 as the base year, and round to the nearest whole percent.Begin by computing Eyesight Mission Corporation's trend analysis for net sales revenue, then compute Eyesignt Mission Corporation's trend analysis for net income and finally compute Eyesight Mission Corporation's trend analysis for com2019201820172016Net Sales Revenue766,000708,000644.000664,000Trend Percentages115 %107 %97 %100 %Net Income60,000$438,000 $36.0002.44.000Trend Percentages136 %86 %82 %100 %Ending Common Stockholdors' Equity368,000352 000 $326,000 $ 296,000Trend Percentages124 %119 %110100 %% OTIRequirement 2. Compute the rate of return on common stockholders' equity for 2017 2019, rounding to three decimal places.Begin by solecting the formula to calculate Eyesight Mission Corporation's rate of return on common stockholders. Then, enter the amounts and calculate the rate of return on common stockholders' equity for 2017-2019. (Abbreviation useboxes. Enter a "0" for balances with a zero value. Round your calculations to three decimal places and then enter your answers as a percentage to the nearest tenth percent, X.X%.)Rate of return on commonstockholders' equity1 Requirements- X2019201820172016Net Sales Revenue24766,000 $ 708,000 $ 644,000 $ 664,000Net Income60,00038,00036,00044,000Ending Common Stockholders' Equity368,000352,000326,000296,000

Percent change = (Current year amount÷ Base year amount)*100 Rate of return on common stock = (Current Value - Initial value) / Initial value 2019 2018 2017 2016 Net Sales revenue $766,000 $708,000 $644,000 $664,000 Trend percentage 115% 107% 97% Net Income $60,000 $38,000 $36,000 $44,000 Trend percentage 136% 86% 82% Ending common stock equity $368,000 $352,000 $326,000 $296,000 Trend percentage 124% 119% 110% Rate of return on Common Stock: For 2019: Rate of return on common stock = [($368000 - $352,000)/$352,000]*100 = 4.5% For 2018: Rate of return on common stock = [($352,000- $326,000)/$326,000]*100 = 8% For 2017: Rate of return on common stock = [($326,000 - $296,000)/$296,000]*100 = 10.1%