The Gel Company,hair Products Wholesaler,budgeted $150,000 of Credit Sales and $20,000

The Gel Company,hair products wholesaler,budgeted $150,000 of credit sales and $20,000 of cash sales for June.All merchandise is marked up to sell at 125% of its invoice cost.What is the budgeted cost of sales for June?

A) $140,000.
B) $132,500.
C) $136,000.
D) $127,500.