The trend analysis report of Poplar, Inc. is given below (in millions): 2025 2021 2024 2023 2022 $456 Net income $690 $606 $403 $400 Trend percentages 173% 152% 114% 101% 100% Which of the following is a correct conclusion from the above analysis? O Net income for 2024 decreased by 152% from 2023. Net income for 2025 increased by 173% from 2024. Net income for 2025 is 173% of net income for 2021. Net income for 2024 is 152% of the previous year.

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