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18. Cameroon Corp. manufactures and sells electric staplers for $15.50 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales

18. Cameroon Corp. manufactures and sells electric staplers for $15.50 each. If 10,000 units were sold in December, and management forecasts 4% growth in sales each month, the dollar amount of electric stapler sales budgeted for February should be:

A. $181,328

B. $161,200

C. $174,354

D. $167,648

E. $155,000

PLEASE ADD EXPLANATION

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