The following is summary of information presented on the financial statements of a company on December 31, 2015.

Account	2015	2014
Net Sales Revenue	$600,000	$500,000
Cost of Goods Sold	450,000	400,000
Gross Profit	$150,000	$100,000
Selling Expenses	50,000	50,000
Net income before income tax expense	$100,000	$50,000
Income tax expense	35,000	18,000
Net Income	$65,000	$32,000

What would a horizontal analysis report show with respect to net income?

		A.a 45.45% increase in net income
		B.a $25,000 increase in net income
		C.a 103.125% increase in net income
		D.net income is 45.45% of net sales revenue