Comparative information taken from the Koda Company financial statements is shown below:

2012 ...........................2011

(a) Notes Receivable...................$10,000...........................0

(b) Accounts Receivable..............175,000 .....................140,000

(c) Retained Earnings .....................30,000.....................(40,000)

(d) Sales...........................................840,000 ....................750,000

(e) Operating Expenses..................160,000...................200,000

(f)..................................................... 28,000........................20,000

Required:

Using horizontal analysis, show the percentage change from 2011 to 2012 with 2011 as the base year. If an item is impossible to compute, enter a "0" in the percentage box and select "Not possible to compute" in the narrative box.

Select: Increase, Decrease, or Not possible to compute

a. %	Select Increase, Decrease, Not possible to compute Item 2
b. %	Select Increase, Decrease, Not possible to compute Item 4
c. %	Select Increase, Decrease, Not possible to compute Item 6
d. %	Select Increase, Decrease, Not possible to compute Item 8
e. %	Select Increase, Decrease, Not possible to compute Item 10
f. %	Select Increase, Decrease, Not possible to compute