Violet Sales Corp, reports the year-end information from 2019 as follows: Sales (35,125 units) Cost of goods sold Gross margin Operating expenses Operating income $281,000 116,000 165,000 154,000 $11,000 Violet is developing the 2019 budget. In 2019 the company would like to increase selling prices by 3.5%, and as a result expects a decrease in sales volume of 14%. 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. What is budgeted cost of goods sold for 2019? O A. $16,240 B. $99,760 C. $120,060 D. $250,118