Question 25 Justin's Plant Store, a retailer, started operations on January 1. For purposes of budget preparation, assume that the company's cost of goods sold is 60% of sales. Expected sales for January is $ 24,000. Variable operating expenses should be 10% of sales and fixed expenses should be $3,000 per month REQUIRED: What is the budgeted Net Income for January? (ignore income tax) O a. $ 9,600. O b. $ 1.800. ocs24h O d. $ 9.000