The following is summary of information presented on the financial statements of a company on December 31, 2019 Account 2019 2018 Current Assets $67,000 $52,000 Accounts Receivable 82,000 80,000 Merchandise Inventory 53,000 42,000 Current Liabilities 71,000 49.000 Long-term Liabilities 34,000 55,000 Common Stock 53,000 45,000 Retained Earnings 44,000 25,000 Net Sales Revenue $530,000 $506,000 Cost of Goods Sold 404,000 398,000 AAAA O A. a 44.9% increase in current liabilities OB. that current liabilities are 35.15% of total equity OC. a current ratio of 0.94 OD. a 30.99% increase in current liabilities Long-term Liabilities Common Stock Retained Earnings 34,000 53,000 44,000 55,000 45,000 25,000 Net Sales Revenue $530,000 Cost of Goods Sold 404,000 Gross Profit $126,000 Selling Expenses 45,000 Net Income Before Income Tax Expense $81,000 Income Tax Expense 27,000 Net Income $54,000 With respect to current liabilities, a horizontal analysis reveals $506,000 398,000 $108,000 60,000 $48.000 $16,600 $31,400 (Round your answer to two decimal places.) O A. a 44.9% increase in current liabilities O B. that current liabilities are 35.15% of total equity O c. a current ratio of 0.94 OD. a 30.99% increase in current liabilities land