-Consider the Table Above

$\begin{array}{rrr}\begin{array}{l}\\Price\\Effective ~gross ~income \\\% ~operating ~expense\\\mathrm{NOl}\\\end{array}\begin{array}{rrr}\text { Comp 1 } & \text { Comp 2 } & \text { Comp 3 } \\\hline \$ 300,000 & \$ 350,000 & \$ 375,000 \\50,000 & 55,000 & 60,000 \\50 \% & 55 \% & 54 \% \\25,000 & 30,000 & 32,500\end{array}\end{array}$
-Consider the table above. Assume that the subject property has effective gross income of $53,000 and a NOI of $27,500. What value would a GIM approach yield rounded to the nearest $100) ?

A) $322,600
B) $325,600
C) $328,600
D) $330,000