Prepare a Trend Analysis of the Following Data Using Year

Prepare a trend analysis of the following data using Year 1 as the base year. Place your answers in the chart provided. Comment on the trend.
$\begin{array}{|l|l|l|l|} \hline & \text { Year 3 } & \text { Year 2 } & \text { Year 1 } \\\hline & & & \\\hline \text { Net sales } & \$ 108,000 & \$ 110,000 & \$ 100,000 \\\hline \text { Gross margin } & 61,040 & 58,800 & 56,000 \\\hline \text { Net income } & 9,600 & 10,800 & 10,000 \\\hline \end{array}$
$$\begin{array} { | l | l | l | l |} \hline & \text { Year 3 } & \text { Year 2 } & \text { Year 1 } \\\hline \\\hline \text { Nat sdes } & & & \\\hline \text { Grassmerpin } & & & \\\hline \text { Nat income } & & & \\\hline \end{array}$$