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A company reported the following amounts of net income: Year 1 $126,960 Year 2 $156,200 Year 3 $188,488 Which of the following is the percentage

A company reported the following amounts of net income:

Year 1 $126,960

Year 2 $156,200

Year 3 $188,488

Which of the following is the percentage change from Year 2 to Year 3?

20.67%

19.67%

48.46%

23.03%

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