You are the budget manager for a non-profit organization that focuses on environmental conservation. The organization's board of directors has set a goal to reduce overall expenses by 15% in the upcoming year. The organization's total expenses in the current year amount to $600,000. 8) What is the target expense amount for the upcoming year after reducing expenses by 15%? a) $510,000: b) $615,000: c) $510,500: d) $585,000