The following is summary of information presented on the financial statements of a company on December 31, 2017. Account 2017 2016 Net Sales Revenue $602,000 $505,000 Cost of Goods Sold 455,000 401,000 Gross Profit $147,000 $104,000 Selling Expenses 52,000 55,000 Net Income Before Income Tax Expense $95,000 $49,000 Income Tax Expense 39,000 19,000 Net Income $56,000 $30,000 With respect to net income, a horizontal analysis reveals (Round your answer to two decimal places.) A. a 86.67% decrease in net income B. that net income is 86.67% of net sales revenue c. a $30,000 increase in net income D. a 86.67% increase in net income Click to select your answer. MacBook