Advanced Enterprises reports yearminusend information from 2018 as follows:

Sales (161 comma 250 units)

$ 962 comma 000

Cost of goods sold

645 comma 000

Gross margin

317 comma 000

Operating expenses

270 comma 000

Operating income

$ 47 comma 000

Advanced is developing the 2019 budget. In 2019 the company would like to increase selling prices by 12.5%, and as a result expects a decrease in sales volume of 11%. 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 2019?

A.

$ 1 comma 082 comma 250

B.

$ 963 comma 203

C.

$ 962 comma 000

D. 856,180