2019 $600,000 The following is a summary of information presented on the financial statements of a company on December 31, 2019. Account Net Sales Revenue 2018 $504,000 Cost of Goods Sold 456,000 405,000 Gross Profit $144,000 $99,000 Selling Expenses 51,000 54.000 Net Income Before Income Tax Expense $93,000 $45,000 Income Tax Expense 39.000 23.000 Net Income $54,000 $22,000 With respect to net income, a horizontal analysis reveals (Round your answer to two decimal places.) OA. a 145.45% decrease in net income O B. a $22,000 increase in net income OC. that net income is 14.55% of net sales revenue OD. a 145.45% increase in net income