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The following is a summary of information presented on the financial statements of a company on December 31, 2019 Account 2019 2018 Net Sales Revenue

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The following is a summary of information presented on the financial statements of a company on December 31, 2019 Account 2019 2018 Net Sales Revenue $605,000 $504,000 Cost of Goods Sold 454,000 405,000 Gross Profit 151000 99,000 Selling Expenses 54,000 50,000 Net Income Before Income Tax Expense 97,000 49.000 Income Tax Expense 36,000 22,000 Net Income $61,000 $27,000 With respect to net sales revenue, a horizontal analysis reveals O A. a decrease of $49,000 in net sales revenue OB. a 238 88% decrease in net sales revenue O c. a 20.04% increase in net sales revenue OD. a $49,000 increase in net sales revenue

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