3,010 2,640 370 14.02% 700 650 50 7.69.00% 490 435 12.64% Gross profit 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) 480 430 2,100 910 310 $600 440 750 2,275 365 220 $145 40 (320) (175) 545 $90 $455 9.09% (42.67% (7.69% 149.32% 40.91% 313.79% The horizontal analysis shows that cost of goods sold has (Round your answer to two decimal places.) O A. increased by 46.52% OB. increased by 29.15% OC. decreased by 46.52% OD. decreased by 29.15% 2018 Amount $4,940 $1,440 2,300 1,070 2,640 370 Percentage 29.15% 46.52% 14.02% 650 MacMan, Inc. reported the following data: 2019 Revenues $6,380 Cost of goods sold 3,370 Gross profit 3,010 Operating expenses: Sales and marketing expense 700 General and administrative expenses 490 Research and development expense 480 Other expense Total operating expenses 2,100 Income before income tax 910 50 7.69.00% 435 Si 12.64% 440 40 430 750 9.09% (42.67)% (7.69)% 149.32% (320) (175) 545 2,275 365