The following is summary of information presented on the financial statements of a company on December 31, 2017.

Account	2017	2016
Net Sales Revenue	$606,000	$504,000
Cost of Goods Sold	450,000	400,000
Gross Profit	$156,000	$104,000
Selling Expenses	52,000	56,000
Net Income Before Income Tax Expense	$104,000	$48,000
Income Tax Expense	37,000	23,000
Net Income	$67,000	$25,000

With respect to net income, a horizontal analysis reveals ________. (Round your answer to two decimal places.)

A.

that net income is 168.00% of net sales revenue

B.

a $25,000 increase in net income

C.

a 168.00% increase in net income

D.

a 168.00% decrease in net income