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Cocoon Corporation reported net income of $400,000 in 2019 and $430,550 in 2018. The change and magnitude of net income in 2019 is: a decrease

Cocoon Corporation reported net income of $400,000 in 2019 and $430,550 in 2018. The change and magnitude of net income in 2019 is:
a decrease of 7.1%
A decrease of 7.6%
An increase of 7.6%
An increase of 7.1%

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