2018 $4,960 2,200 2,760 Amount Percentage $2,040 41.13% 1,210 55% 830 30.07% MacMan, Inc. reported the following data: 2019 Revenues $7,000 Cost of goods sold 3,410 Gross profit 3,590 Operating expenses: Sales and marketing expense 720 General and administrative expenses 470 Research and development expense 490 Other expense 460 Total operating expenses 2.140 650 70 10.77.00% 465 5 1.08% 440 740 2,295 50 (280) (155) 11.36% (37.84)% (6.75% A. decreased by 41.13% B. decreased by 55% C. increased by 41.13% D. increased by 55% 720 650 70 10.77.00% 470 465 5 1.08% Operating expenses: Sales and marketing expense General and administrative expenses Research and development expense Other expense Total operating expenses Income before income tax Income tax expense Net income (loss) 490 460 2,140 1,450 240 $1,210 440 740 2,295 465 230 $235 50 (280) (155) 985 $10 $975 11.36% (37.84)% (6.75)% 211.83% 4.35% 414.89% The horizontal analysis shows that cost of goods sold has - (Round your answer to two decimal places.) A. decreased by 41.13% B. decreased by 55% C. increased by 41.13% D. increased by 55%