The company has 1,200 units in beginning Finished Goods Inventory at a cost of $160 each and units expected to be sold in first quarter is 12,500 (the company expects no ending inventory). What is the amount of budgeted cost of goods sold for the first quarter? A. $2,442,000 B. $2,226,000 C. $1,096,000 D. $2,034,000