Find the percent increase(or decrease) in net sales from last year to this year for the income statement. Round your answer to the nearest tenth.

	This Year	Last Year	Percent Increase or Decrease
Gross sales	1,764,000	1,551,000	_______
Returns and Allowances	15,000	10,000	_______
Net Sales	1,749,000	1,541,000	_______
Cost of Goods Sold	1 comma 198 comma 0001,198,000	1 comma 097 comma 0001,097,000	_______
Gross Profit	551,000	444,000	_______
Total Operating Expenses	90,000	76,000	_______
Net Income	461,000	368,000	_______

A.

13.7%decrease

B.

11.9%decrease

C.

13.7%increase

D.

11.9%increase