Check Year 1 Year 2 Sales S130.000 $170,000 Cost of sales 105.000 137.000 Gross profit $ 25,000 IS 33.000 Using the above information, calculate the percentage increase or decrease in cost of sales from Year 1 to Year 2? Select one: a. Increase of 23.4% b Decrease of 30.5% c. Decrease of 23.4% d. Increase of 30.5% Check Anthony, Inc. buys land for $50,000 cash. The net effect on assets is Select one a $25,000 increase b $50,000 increase