The Table Shows the Cost of One Square Foot of Residential

Multiple Choice

The table shows the cost of one square foot of residential real estate, in dollars per square foot, together with the number of square feet your development company intends to purchase in each city. $$\begin{array} { | l | l | l | l | } \hline & \text { New York } & \text { London } & \text { Hong Kong } \\\hline \text { Cost per sq. ft } & 780 & 810 & 270 \\\hline \text { Number of sq. ft } & 500 & 780 & 740 \\\hline\end{array}$$ Use matrix multiplication to estimate the total cost of the real estate.
$\begin{array}{|l|}\hline780 \\\hline780 \\\hline780 \\\hline780 \\\hline\end{array}$

A) $1,222,700
B) $1,221,450
C) $1,220,600
D) $1,221,600
E) $1,221,480