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McNally Industries has a condensed income statement as shown. Year 2 Year 1 Sales $199,000 Total operating expenses Net income 163,000 $ 35,000 $165,500 147,500

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McNally Industries has a condensed income statement as shown. Year 2 Year 1 Sales $199,000 Total operating expenses Net income 163,000 $ 35,000 $165,500 147,500 $ 18,000 Using horizontal analysis, calculate the amount and percent change for sales. Round to one decimal place

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