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A company reported the following amounts of net income: Year 1 $120,960 Year 2 $151,200 Year 3 $187,488 Which of the following is the percentage

A company reported the following amounts of net income:

Year 1 $120,960
Year 2 $151,200
Year 3 $187,488

Which of the following is the percentage change from Year 1 to Year 2?

Group of answer choices

124.00%

55.00%

24.00%

25.00%

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