McMann Company Has a Condensed Income Statement as Shown Using Horizontal Analysis, Calculate the Amount and Percent Change for

Multiple Choice

McMann Company has a condensed income statement as shown:: $$\begin{array} { | l | l | l | } \hline & \mathbf { 2 1 4 } & \mathbf { 2 0 1 3 } \\\hline \text { Sales } & \$ 198,000 & \$ 165,500 \\\hline \text { Total operating expenses } & 163,000 & 147,500 \\\hline \text { Net income } & 35,000 & 18,000 \\\hline & & \\\end{array}$$ Using horizontal analysis, calculate the amount and percent change for Sales. Round to one decimal place.

A) $32,500, 19.6%
B) $18,000, 10.9%
C) $35,000, 17.7%
D) $17,000, 9.4%