XYZ Company's single product has a selling price of $25 per unit. Last year the company reported profit of $200,000 and variable expenses totaling $960,000. The product has a 40% contribution margin ratio. Because of competition, XYZ Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was earned last year? Select one:

a. 96,000

b. 44,000

c. 116,000

d. 64,000

e. 80,000