The Following Is a Summary of Information Presented on the Financial

The following is a summary of information presented on the financial statements of a company on December 31, 2019. $$\begin{array} { | l | r | r | } \hline \text { Account } &{ \mathbf { 2 0 1 9 } } & { \mathbf { 2 0 1 8 } } \\\hline \text { Current Assets } & \$ 87,000 & \$ 73,000 \\\hline \text { Accounts Receivable } & 85,000 & 81,000 \\\hline \text { Merchandise Inventory } & 63,000 & 56,000 \\\hline \text { Current Liabilities } & 53,000 & 51,000 \\\hline \text { Long-term Liabilities } & 44,000 & 52,000 \\\hline \text { Common Stock } & 70,000 & 57,000 \\\hline \text { Retained Earnings } & 68,000 & 50,000 \\\hline\end{array}$$ With respect to long-term liabilities, a horizontal analysis reveals ________.

A) long-term liabilities decreased by $13,000
B) long-term liabilities decreased by 22.81%
C) long-term liabilities decreased by 15.38%
D) long-term liabilities decreased by $2000