An electric guitar costs $830, with a $225 full-replacement warranty. If the manufacturer sells 532,475 warranties and has to honor 12% of them, how much profit did the manufacturer gain from the warranties? a.
$105,430,050
b.
$66,772,365
c.
$53,034,510
d.
$508,726,615

Please select the best answer from the choices provided

A
B
C
D