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Brief Exercise 13-6 Your answer is partially correct. Try again. Net income was $501,000 in 2015, $471,000 in 2016, and $519,000 in 2017. What is

Brief Exercise 13-6

Your answer is partially correct. Try again.

Net income was $501,000 in 2015, $471,000 in 2016, and $519,000 in 2017. What is the percentage of change from (a) 2015 to 2016, and (b) from 2016 to 2017? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, e.g. -55,000, -20% or (55,000), (20%). Round percentages to 0 decimal places, e.g. 12%.)

Amount

Percentage

(a) 20152016 $

-30000

?

%

DecreaseIncrease

(b) 20162017 $

48000

?

%

DecreaseIncrease

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