A property with $310$ units that rent at $$1,\frac{648}{?}$ month has annual operating expenses equaling $$2,758,000.$ An effective manager identifies ways to responsibly reduce expenses by $1\mathrm{.}5\%$ a year. At a cap rate of $6\mathrm{.}2\%,$ the manager would have increased the property's value by

A$.$ $$41,370$

B$.$ $$361,253$

C$.$ $$667,258$

D$.$ $$496,440$