A hedge fund sets its fee at $2\%$ and a $20\%$ carry with an $10\%$ benchmark. How much money

will a hedge fun make in fees over the course of a year if the fund started at $$2,500,000$ and

ended the year at $$2,800,000?($Hint: The $2\%$ fee is calculated on the basis of the fund$$s year$-$end

value. The $20\%$ carry is calculated on the basis of year$-$end$$s fund value over the benchmark.$)$

a$.$ $$63,100$

b$.$ $$65,400$

c$.$ $$66,000$

d$.$ $$67,600$