Washburn Company Reported Sales of $1,722,000 for Year 1 and $1,831,000

Multiple Choice

Washburn Company reported sales of $1,722,000 for Year 1 and $1,831,000 for Year 2. Using Year 1 as the base year, what was the percentage change for sales from Year 1 to Year 2?

A) 6.33% decrease.
B) 5.95% decrease.
C) 6.33% increase.
D) 5.95% increase.
E) 6.17% increasE.(1,831,000 - 1,722,000) /1,722,000 = 6.33% increase