Co-op sales for the period ended December 31, 2021 were $145,500. Member #401 who owns 1/200 of the shares made purchases of $12,550 during the year. Considering that the total rebate is $12,000, what will be the rebate amount that will be paid to him? (Round your answer)

a. none of these answers

b. $60

c. $0

d. $1035