A peanut manufacturing company pays $0.01 per square inch of label used on its cylindrical peanut containers. Each container has a radius of 1.5 inches and a height of 3 inches. If the label covers the lateral area of the container, how much would it cost to produce 400,000 labels?
A.$4,000
B.$18,000
C.$84,823
D.$113,040
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