Given the Following By Trend Analysis (Base Year Is 2015), Sales in 2017

Multiple Choice

Given the following: $$\begin{array} { | c | c | c | c | } \hline & 2015 & 2016 & 2017 \\\hline \text { Sales } & \$ 400,000 & \$ 350,000 & \$ 470,000 \\\hline \text { Gross Profit } & - 100,000 & - 130,000 & - 140,000 \\\hline \text { Net Income } & \$ 300,000 & \$ 220,000 & \$ 230,000 \\\hline\end{array}$$ By trend analysis (base year is 2015) , sales in 2017 to the nearest percent of the base year is:

A) 117%
B) 116%
C) 118%
D) 119%
E) None of these