Which of the following is considered a disposal of a significant component of a business? Disposal of part of a line of business Phasing out of a model Shifting production activities from one location to another Elimination of a major class of customers Net income was $520,000 in 2020,$504,400 in 2021 , and $534,664 in 2022 . What is the percentage of change from (a) 2020 to 2021 and (b) from 2021 to 2022? Is the change an increase or a decrease? (If amount and percentage are a decrease show the numbers as negative, eg. 55,000,20% or (55,000), (20\%). Round percentages to 0 decimal places, eg. 12\%.) If 7 cents of every dollar of Swifty's revenue is net income in 2021, what is the dollar amount of 2021 revenue? If Wildhorse Co, had net income of $318,550 in 2022 and it experienced a 15% increase in net income over 2021, what was its 2021 net income