Q5:

In 1993 Mr. Jacobs paid 4.8 percent of his taxable income in state taxes. In 1994 what percent of Mr. Jacobs’ taxable income did he pay in state taxes?

(1) In 1993 Mr. Jacobs’s taxable income was $42,500.

(2) In 1994 Mr. Jacobs paid $232 more in state taxes than he did in 1993.

A. Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.

B. Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.

C. BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.

D. EACH statement ALONE is sufficient.

E. Statements (1) and (2) TOGETHER are NOT sufficient.

my key is C, pls help me confirm, thanks!