For the Last Two Years BRC Company Had Net Income $\begin{array}{l|c|c} & 2012 & 2013 \\\hline \text { Net Income } & \$ 160,000 & \$ 200,000\end{array}$

Multiple Choice

For the last two years BRC Company had net income as follows: $\begin{array}{l|c|c} & 2012 & 2013 \\\hline \text { Net Income } & \$ 160,000 & \$ 200,000\end{array}$ Change 2012 to Year 1 and 2013 to Year 2 What was the percentage change in income from Year 1 to Year 2?

A) 20% increase
B) 20% decrease
C) 25% increase
D) 25% decrease
Change 2012 to Year 1 and 2013 to Year 2