Leland Corporation reported net sales of (SO 3)($ 300,000, $ 330,000), and ($ 360,000) in the years1996,

Question:

Leland Corporation reported net sales of (SO 3)$\$ 300,000, \$ 330,000$, and $\$ 360,000$ in the years1996, 1997, and 1998, respectively. If 1996 isthe base year, what is the trend percentage for1998 ?

(a) $77 \%$

(b) $108 \%$

(c) $120 \%$

(d) $130 \%$

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