Wellspring has determined that the cost driver for housekeeping is square feet and that the cost driver for administration and financial services is the number of employees. Using the step-down method of cost allocation, what is the allocation of financial services costs to medicine? Assume housekeeping costs are allocated first, followed by administration and then by financial services.

a. $159,184

b. $161,306

c. $158,080

d. $162,344

e. $165,657