A rectangular site measures 125 feet by 256 feet. On this site, an area of 26 feet by 125 feet is located within the public right of way, meaning that a portion of the adjacent right-of-way (street) is located on the subject site and is not considered usable. What is the gross area of the site and the net, or usable, area of the site?

0.66 gross acres and 0.73 net acres

35,100 gross square feet and 32,000 net square feet

32,000 gross square feet and 28,750 net square feet

38,656 gross square feet and 32,000 net square feet