The Following Is a Summary of Information Presented on the Financial

Multiple Choice

The following is a summary of information presented on the financial statements of a company on 31 December 2017. $\begin{array}{|l|l|l|}\hline\text { Account } &{2017} & 2016 \\\hline \text { Current assets } & \$ 82,000 & \$ 70,000 \\\hline \text { Accounts receivable } & 63,000 & 71,000 \\\hline \text { Inventory } & 62,000 & 55,000 \\\hline \text { Current liabilities } & 56,000 & 47,000 \\\hline \text { Non-current liabilities } & 42,000 & 55,000 \\\hline \text { Share capital } & 75,000 & 54,000 \\\hline \text { Retained earnings } & 66,000 & 44,000\\\hline\end{array}$ What would a horizontal analysis report show with respect to Non-current liabilities?

A) Non-current liabilities decreased by $21,000
B) Non-current liabilities decreased by 38.89%
C) Non-current liabilities decreased by $9000
D) Non-current liabilities decreased by 23.64%