The following is a summary of information presented on the financial statements of a company on December 31, 2019. Account 2019 2018 Current Assets $83,000 $72,000 Accounts Receivable 90,000 64,000 Merchandise Inventory 62,000 57,000 Current Liabilities 56,000 48,000 Long-term Liabilities 44,000 48,000 Common Stock 70,000 53,000 Retained Earnings 65,000 44,000 With respect to long-term liabilities, a horizontal analysis reveals O A. long-term liabilities decreased by $8,000 O B. long-term liabilities decreased by 32.08% O C. long-term liabilities decreased by 8.33% OD. long-term liabilities decreased by $17,000