Households Receive a Total Income of $5 Million

Households receive a total income of $5 million. Of this, $3.5 million are wages received for labor services, $1 million are rental payments, and $250,000 are interest payments received. What are the costs of production and profits equal to respectively?

A) $5 million; $500,000
B) $5 million; $250,000
C) $4.75 million; $250,000
D) $4.75 million; 0