For the Last Two Years BRC Company Had Net Income

Multiple Choice

For the last two years BRC Company had net income as follows: $$\begin{array} { | l | c | c | } \hline & \text { Year 1 } & \text { Year 2 } \\\hline \text { Net Income } & \$ 160,000 & \$ 200,000 \\\hline\end{array}$$ 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