Khloe Owns Ten Percent of KLK Clothing Which Has a Total

Khloe owns ten percent of KLK Clothing which has a total of 112,000 shares of stock outstanding.Each share receives one vote for each open seat on the board.The next election will select four new directors.The market price per share is $48.How much does Khloe need to spend,if any,to guarantee her election to the board if the firm has a cumulative voting policy?

A) $537,648
B) $1,075,248
C) $770,448
D) $990,648
E) $621,248