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

Multiple Choice

For the last two years BRC Company had net income as follows: $$\begin{array}{l}\begin{array} { c | c } &2012 & 2013 \\\hline \text { Net Income }&\$ 160,000 & \$ 200,000\end{array}\end{array}$$ 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