Net sales Cost of goods sold Other expenses Net Income 500,000 250,000 100,000 150,000 Inventory Other current assets Long-term assets Current liabilities Long-term liabilities 80,000 20,000 50,000 50,000 25,000 Number of common stock shares Issued & outstanding Market price per share 50,000 6 Common stock Retained earnings 50,000 25,000 If the prior year's net income was $130,000, what is the percentage change in net income for the current year? 2 0246.67% 15 115.38% 118 13.33% 21 15.38%