Dugout Water Products sells 2000 kayaks per year at a price of $470 per unit. Dugout sells in a highly competitive market and uses target pricing. The company has $990,000 of assets, and the shareholders wish to make a profit of 18% on assets. Assume all products produced are sold. What is the target full product cost?

A $17,820,000

B $761,800

C $1,109,200

D $940,000