Here is the problem:

A company has recently been hiring new employees. Today the company has 26% more employees than it did a year ago. If there are currently 56,700 employees, how many employees did the company have a year ago?

I calculated that 14,742 is 26% of 56,700 employees and subtracted it from the original amount of employees to get 41,958 employees. Although, the homework system says that's wrong but I don't know why?