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Baskin Promotions, Inc. sells T-shirts decorated for a varlety of concert performers. The company has developed the following budget for the coming year based on

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Baskin Promotions, Inc. sells T-shirts decorated for a varlety of concert performers. The company has developed the following budget for the coming year based on a sales forecast of 78.000 T-shirts: Sales 1,363,440 Cost of Goods Sold 797,940 Gross Profit 565.500 Operating Expenses ($100,000 ls fixed) 410,440 Operating Income 155.060 Income Taxes (30% of Operating Income) 46.518 Net Income 108,542 cost of goods sold and variable operating expenses vary directly with sales, the is 30% at all levels of and Income tax rate operatlng Income If the concert season is slow due to poor weather, Baskin estimates that to as low as 58,000 T-shirts. sales could fall In a flexible budget for sales of 58 ooo T-shirts, how much would Baskin budget for operatng expenses? O $230,840. O $330,840 O $410,440 O $310,440

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