Oxford Inc. reported the following selected information for the years ended June 30, 2020 and June 30, 2019: 2020 2019

Total current assets 50000 230000

Total assets 500000 260000

Total current liabilities 6000 3000

Total liabilities 60000 30000

Total revenues 1120000 780000

Net income 610000 560000

Required: By what percentage (%) did the company's sales increase for the year ended June 30, 2020 (as compared to the prior year)? Round to 2 decimal places and do not enter a percentage sign after your response.