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McNally Industries has a condensed income statement as shown. Year 2 Year 1 Sales $198,000 $165,500 Total operating expenses 163,000 147,500 Net Income $35,000

McNally Industries has a condensed income statement as shown. Year 2 Year 1 Sales $198,000 $165,500 Total 

McNally Industries has a condensed income statement as shown. Year 2 Year 1 Sales $198,000 $165,500 Total operating expenses 163,000 147,500 Net Income $35,000 $18,000 Using horizontal analysis, compute the amount and percent change for sales. Round percentage to one decimal place.

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