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

Multiple Choice

McMann Company has a condensed income statement as shown::
$\begin{array}{|l|l|l|}\hline & \mathbf{2 0 1 4} & \mathbf{2 0 1 3} \\\hline \text { Sales } & \$ 198,000 & \$ 165,500 \\\hline \text { Total operating expenses } & 163,000 & 147,500 \\\hline \text { Net income } & 35,000 & 18,000 \\\hline\end{array}$
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%