A man purchased a new condominium for $825,000 that had 2,400 square feet of floor area. There were 315,000 total square feet in the complex. The total budget of the condominium owner's association for this year is $698,000. What should the man's annual bill for common area maintenance be?

A)

$4,987.12

B)

$5,225.78

C)

$5,318.10

D)

$443.17