Wilson Development Co. is constructing a 282,000 sq. ft. shopping center with the following data, land cost of $5 million, hard, and soft costs of $90/sq. ft., EGI of $15/sq. ft. and operating expenses of $8.40/sq. ft. The stabilized return on cost is?

A. 5.9%

B. 6.13%

C. 13.6%

D. 7.5%