Rerun Manufacturing Company is in the process of preparing its 2020 budget and is anticipating the following changes 30% Increase in the number of units sold. 2016 Increase in the direct material unit cost. 15% Increase in the direct labor cost per unit 13. Increase in the manufacturing overhead cost per unit. 20% Increase in the sales price. 4% Increase in the administrative expenses. Rerun does not keep any units in Inventory The composition of the cost of finished products during 2019 for direct materials, direct labor, and factory overhead, respectively, was in the roof 32 The condensed Income statement for 2019 is as follows: $552,000 27,600 524,400 322000 Sales (46,000 units) LOOSalon returns Net sales cost of Goods Sold Gross Profit Selling Expenses Admin. Expenses et Income $ 202,400 $ 76,000 46,000 122,000 $ 80,400 are estimated net sales for 2020, assuming the sales return/gross sales relationship remains constant? What are estimated net sales for 2020, assuming the sales retur/gross seles relationship remains constant? Cho $764,031 $897,000 $818,064 $708,630