K Advanced Enterprises reports year-end information from 2019 as follows: Sales (161,250 units) Cost of goods sold $970,000 (645,000) Gross margin 325,000 Operating expenses (262,000) Operating income $63,000 Advanced is developing the 2020 budget. In 2020 the company would like to increase solling prices by 14.5%, and as a result expects a decrease in sales volume of 9% All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost The budgeted sales for 2020 is OA. $970,000 OB. $882,700 OC. $1,010,602 OD. $1,110,650