My Courses Hotel Sales 2018 2019 Rooms Sales $ 1,765,000.00 Dining Room $ 1,962,000.00 $ 472,300.00 Total Sales Revenue $ 532,000.00 $ 2,237,300.00 $ 2,494,000.00 Cost of Sales Rooms Food and Beverages $ 465,000.00 $ 173,000.00 $ 542,000.00 Total Cost of Sales $ 162,000.00 $ 638,000.00 Gross Margin $ 704,000.00 $ 1,599,300.00 $ 1,790,000.00 General and Administrative Expenses Administration $ 87,300.00 $ 92,500.00 $ 28,000.00 30,000.00 $ 213,000.00 $ 243,000.00 $ 155,000.00 $ Marketing Heat, Light, and Power Maintenance and repairs Insurance, Property Taxes and Land Leases Salaries and Wages Depreciation Total General and Administative Expenses 140,000.00 $ 120,000.00 $ 120,000.00 $ 543,000.00 $ 650,000.00 $ 144,000.00 $ 120,000.00 $ 1,290,300.00 $ 1,395,500.00 Type here to search N E-Alpha My Courses Maintenance and repairs $ 155,000.00 $ 140,000.00 Insurance, Property Taxes and Land Leases $ 120,000.00 $ 120,000.00 Salaries and Wages $ 543,000.00 $ 650,000.00 $ 144,000.00 Depreciation Total General and Administative Expenses $ 120,000.00 $ 1,290,300.00 $ 1,395,500.00 $ 309,000.00 $ 394,500.00 $ Earnings before interenst and Income Tax Interest Expense Earnings before Income Tax Income Tax (@ 30%) 55,000.00 $ 56,000.00 $ 254,000.00 $ 338,500.00 $ 76,200.00 $ 101,550.00 NET INCOME $ 177,800.00 $ 236,950.00 Given the information above and using the horizontal analysis, what is the percentage of change for the "Net Income from Year 2018 to Year 2019 (round to the nearest tenth)? O a. 8.0% O b.9.5% O c. 1.5% O d. 33.3%