Hi-Lo Has 160,000 Shares Outstanding Priced at $33 a Share

Hi-Lo has 160,000 shares outstanding priced at $33 a share.There will be three open positions on its board in the next election.Currently, you are not a shareholder but would like to become one and also gain a seat on the board.How much will it cost you to buy a seat if the company uses straight voting? What if the firm uses cumulative voting?

A) $2,640,033; $1,320,033
B) $2,710,033; $1,760,033
C) $2,710,033; $1,430,033
D) $2,640,033; $1,320,033.
E) $2,640,033; $1,760,033.