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The following is a summary of information presented on the financial statements of a company on De Account 2019 2018 Net Sales Revenue $607,000 $500,000

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The following is a summary of information presented on the financial statements of a company on De Account 2019 2018 Net Sales Revenue $607,000 $500,000 Cost of Goods Sold 456,000 402,000 Gross Profit 151,000 98,000 Selling Expenses 54,000 54,000 Net Income Before Income Tax Expense 97.000 44,000 Income Tax Expense 42,000 19.000 Net Income $55,000 $25,000 With respect to net sales revenue, a horizontal analysis reveals O A a $54,000 increase in net sales revenue OB. a 241.59% decrease in net sales revenue O c. a 21.4% increase in net sales revenue OD. a decrease of $54,000 in net sales revenue

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