Al Owns 800 Shares of the Good Life Co

Al owns 800 shares of The Good Life Co. The company recently issued a statement that it will pay a dividend per share of $0.55 this year and a $0.60 per share dividend next year. Al does not want any dividend income this year but does want as much dividend income as possible next year. Al earns 8.5 percent on his investments. Ignoring taxes, what will Al's total homemade dividend be next year?

A) $910.20
B) $920.00
C) $930.50
D) $941.80
E) $957.40