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The firm reported 2018 net income $10,456,789 and 2019 net income $11,987,653. Calculate the percentage change in net income from 2018 to 2019, to 2

The firm reported 2018 net income $10,456,789 and 2019 net income $11,987,653.

Calculate the percentage change in net income from 2018 to 2019, to 2 decimals.

In addition to the answer, show the calculation required to derive this answer.

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