You own a 500-unit apartment complex and charge a monthly rental rate of $1,100 per unit. When the apartments are 80% occupied, monthly operating costs total $200,000, $120,000 of which are variable costs. A nearby manufacturing plant has just announced that it is expanding and adding additional jobs in the upcoming year. As a result, you anticipate occupancy will increase to 95%. Using your knowledge of cost behavior, what is your predicted monthly operating income? O A. $222,500 OB. $307,500 OC. $285,000 OD. $300,000 O E. None of the above