A small manufacturer that makes clothespins and other household products buys new injection molding equipment for a cost of $500,000. This will allow the manufacturer to make more clothespins in the same amount of time with an estimated increase in sales of 15%. If the manufacturer currently makes 65 tons of clothespins per year, which sell at $18,000per ton, what will be the increase in revenue next year from the new equipment?

A. $75,000

B. $157,950

C. $175,500

D. $176,000