Income Statement: The income statement of Taco Bell company is given for the years 2020 & 2019. 2020 2019 General and administrative expenses Interest expense Net sales Selling expenses Income taxes COGS Gain on Sale of land 25,000 1,200 $124.000 11.880 $1,109.5 108,000 450 24,000 1,500 $138.000 12,720 1,883 95,000 600 2. What can you say about the net income for the year 2020? A) Net Income has increased as a O result of the increased operating profit. B) Net Income has decreased as a result of the decreased operating profit which resulted from the increase in COGS.. C) Net income is $2,061 representing 1.3% of sales. The company has a overall decrease in profit compared to the year 2019, D) Both (B) & (C) OE) None of the above