Given the following: Sales Gross Profit Net Income | 2010 $ 400,000 -100,000 $ 300,000 2011 $ 350,000 -130,000 $ 220,000 2012 $ 470,000 -140,000 $ 230,000 By trend analysis (base year is 2010), sales in 2012 to the nearest percent of the base year is: O a. 114% b. 85% c. 118% d. 87.5%