12. Last year, a toy company produced 115,000 board games. This was a 4% decrease in production over the previous year. Which equation can be used to find the production, p, for the previous year?
A. p+0.04 p = 115,000
B. p=0.04p=115,000
C. p-4p=115,000
D. 0.04p=115,000