A Mutual Fund Had Assets of $210 Million at the Beginning

A mutual fund had assets of $210 million at the beginning of the year and $240 million at the end of the year. If the fund has a management fee of 0.75 percent, how much did the fund's management receive in fees during the year?

A) $1,704,000
B) $1,575,000
C) $1,430,000
D) $1,800,000
E) $1,650,000