Katie enterprises reports the year-end information from 20x8 as follows: sales (70,000 units) $560,000; cost of goods sold 210,000; gross margin 350,000; operating expenses 200,000; operating income $150,000. katie is developing the 20x2 budget. in 20x2, the company would like to increase selling prices by 4%, and as a result expects a decrease in sales volume of 10%. all other operating expenses are expected to remain constant. assume that cogs is a variable cost and that operating expenses are a fixed cost. what is budgeted cost of goods sold for 20x2?