A parking lot in the center of the city of Philadelphia charges $2.00 for any part of the first half-hour of parking. After the first half-hour, the rate is $1.20 for any part of each additional half hour to a maximum rate of $8.00 for the entire day. What does it cost to park if you enter the lot at 11:20 A.M and leave at 1:05 P.M.?

$4.40	$5.60
$10.40	$9.60