In 2022, Lilley Ltd produced and sold 200,000 items and the sales revenue arising was 1m. The variable costs of production were 1.75 each. They made a loss of 130,000. Assuming there is no change in any costs or revenues, how many items must be made and sold to make a profit of 220,000 in 2023?

Select one answer:

307,692

200,000

184,312

278,563