A corporation decides to sell three sections of its holdings. Eight parcels of eighty acres apiece are sold for $160,000 each. The remaining land is portioned into 160-acre parcels, which are sold for $400,000 each. What are the corporations' s gross total earnings from these sales:
A: $2,240,000;
B: $3,160,000;
C: $4,480,000;
D: $5,120,000.
Answer: C: $4,480,000;
Business
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