During 2020, South Wales Lab supplied hospitals with a comprehensive diagnostic kit for $150. At a volume of 70,000 kits, South Wales had fixed costs of $1,100,000 and a profit before income taxes of $160,000. South Wales's 2021 liability insurance increased by $1,260,000 over 2020 due to an adverse legal decision. Assuming the volume and other costs are unchanged, what should the 2021 price be if South Wales Lab is to make the same $160,000 profit before income taxes?

Multiple Choice

A) $188.30.

B) $300.00.

C) $168.00.

D) $152.30.