Boots Football Club has a special fund for the maintenance of the soccer fields. The balance of the special fund account on $31$ March $2023,$ the end of the financial year was R$500000.$ The terms of the fund are as follows:

The money must be invested at an interest rate of $8\%$ per year.

The interest, as well as a maximum of $10\%$ of the opening balance of the fund may annually be used for the maintenance of the soccer fields.

Two donations were received during the year: R$75000$ on $1$ September $2023$ and R$100000$ on December $31,2023.$ On March $31,2024,$ the club spent R$110000$ on the maintenance of its soccer fields. How much of the maintenance costs can be paid out of the special fund?

A$.$ R$110000$

B$.$ R $95500$

C$.$ R $90000$

D$.$ R$105000$