why U V MITT UTV Mwany Account Net Sales Revenue Cost of Goods Sold Gross Profit Selling Expenses Net Income Before Income Tax Expense Income Tax Expense Net Income 2019 5602,000 452,000 $150,000 54.000 390,000 $96,000 35,000 $61,000 2018 $502,000 404,000 $98,000 52,000 $46,000 70,000 22,000 $24,000 With respect to net income, a horizontal analysis reveals (Round your answer to two decimal places.) with respect O A. a 154.17% decrease in net income OB. a 154.17% increase in net income O C. that net income is 15.42% of net sales revenue OD. a $24,000 increase in net income MacMan, Inc. reported the following data: 2019 SE S6.380 2018 $4.960 2,300 2,660 Amount Percentage $1,420 28 63% 3,430 2.950 Revenues Cost of goods sold Gross profit Operating expenses Sales and marketing expense General and administrative expenses Research and development 685 610 75 O A. decreased by 28.63% OB. Increased by 28.63% O C. Increased by 49.13% OD. decreased by 49.13% 25 70 5.88% 15,56% ar 520 General and administrative expenses 450 425 Research and development expense 520 450 Other expense 470 740 Total operating expenses 2.125 2,225 Income before income tax 825 4 35 Income tax expense 260 2 805 Net income (loss) $565 5 155 The horizontal analysis shows that cost of goods sold has 70 15.56% (270) (36.499% (100) (4.49)% 3 90 89.66% (20) (7.14)% $410 264 52% (Round your answer to two decimal places.) $(20) 12.19% 5410 264 52% based by 28.63% O A. decreased by 28.63% O B. Increased by 28.63% OC. Increased by 49.13% OD. decreased by 49.13%