QuesLUI 213.5 points) Sherry and John Enterprises are using the kaizen approach to budgeting for 2020. The budgeted income statement for January 2020 is as follows: $1,000,000 Sales (168,000 units) Less: Cost of goods sold Gross margin Operating expenses (includes $40,000 of fixed costs) Operating income 600.000 400,000 300.000 $ 100,000 Under the kaizen approach, cost of goods sold and variable operating expenses are budgeted to decline by 1% per month. What is budgeted variable operating expenses for March 2020? OA) $245,025 B) $294,030 C) $254,826 D) $297,000