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Violet Sales Corp, reports the year-end information from 2020 as follows: Sales (35,125 units) $281,000 Cost of goods sold (116,000) Gross margin 165,000 Operating expenses

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Violet Sales Corp, reports the year-end information from 2020 as follows: Sales (35,125 units) $281,000 Cost of goods sold (116,000) Gross margin 165,000 Operating expenses (151,000) Operating income $14,000 Violet is developing the 2020 budget. In 2020 the company would like to increase selling prices by 3.5%, and as a result expects a decrease in sales volume of 15% 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 sales for 2020? (Round interim calculations to the nearest cent and the final answer to the nearest dollar.) O A. $281,001 OB. $247,210 C. $334,460 OD. $290,835

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