A Midwestern Farmer Grows Wheat and Sells It to a Miller

Multiple Choice

A midwestern farmer grows wheat and sells it to a miller for $500.After processing,the miller sells the flour to a baker for $800,who then sells it to a grocery store for $1,000.The grocery store sells it to customers for $1,200.In these transactions,how much has been added to GDP?

A) $500
B) $800
C) $1,000
D) $1,200
E) $3,500