A Gym Club Membership Costs $499 for Two Years

A gym club membership costs $499 for two years. A member may cancel at any time and a refund less a $75 administration fee will be issued. The notice of cancellation must be received by the 15^th of the month in order for the cancellation to be effective for the following month. Najib purchased a membership on March 1^st last year, and decided to cancel it on June 10^th of this year. How much of a refund will Najib receive?

A) $166.33
B) $332.67
C) $257.55
D) $91.33
E) $112.13