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For the Last Two Years BRC Company Had Net Income

question 122

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For the last two years BRC Company had net income as follows:  Year 1  Year 2  Net Income $160,000$200,000\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?


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