James just found out that has to work a 12 hour shift on Christmas Day, from 3pm until 3am. Since that day is a national holiday, he will get paid 2 times his normal hourly rate for the entire shift. Additionally, the state he lives in has a law that requires an overtime rate, equal to 1.5 times the shift's hourly rate, for every hour over 8 hours in one day. Finally, he will get paid a "night premium" of 20% above the shift's hourly rate for any time worked after 10pm. James' regular rate is $16 per hour. Assuming he works his full shift as scheduled, how much money will James make (before taxes) on Christmas day?	Choose the correct option.
A) $460.40 B) $576.00 C) $432.00 D) $492.80 E) $518.40
Holiday Rate calculation: Regular Hourly rate of $16 x 2 = $32 per hour   Overtime Rate calculation: Holiday shift rate $32 x 1.5 = $48 per hour   Night premium: Before 8th hour, Holiday rate $32 + 20%, calculation would be 32 x .20 = 6.4, adding 6.4 to 32 = $38.40 per hour   Night premium: After 8th hour, Holiday overtime rate $48 + 20%, calculation would be 48 x .20 = 9.6, adding 9.6 to 48 = $57.60 per hour   SHIFT HOURS BREAK$492.80OWN:   3pm-10pm = 7 hours @ Holiday rate $32   10pm-11pm = 1 hour @ Holiday rate w/ night premium $38.40   11pm-3am = 4 hours @ Holiday Overtime rate w/ night premium $57.60   $32 x 7 = $224   $38.40 x 1 = $38.40   $57.60 x 4 = $230.40   Total for entire 12-hour shift, pre-taxes: $492.80
<result>D</result>
James just found out that has to work a 12 hour shift on Christmas Day, from 3pm until 3am. Since that day is a national holiday, he will get paid 2 times his normal hourly rate for the entire shift. Additionally, the state he lives in has a law that requires an overtime rate, equal to 1.5 times the shift's hourly rate, for every hour over 8 hours in one day. Finally, he will get paid a "night premium" of 20% above the shift's hourly rate for any time worked after 10pm. James' regular rate is $16 per hour. Assuming he works his full shift as scheduled, how much money will James make (before taxes) on Christmas day?