If each of 4 subsidiaries of Corporation R has been granted a line of credit of $119,000 and each of the other 3 subsidiaries of Corporation R has been granted a line of credit of $112,000, what is the average (arithmetic mean) line of credit granted to a subsidiary of Corporation R?	Choose the correct option.
A) $1,568,000  B) $448,000  C) $406,000  D) $313,600  E) $116,000
My take is E.   (119000*4 + 112000*3)/7= 
<gadget id="calculator">(119000*4 + 112000*3)/7</gadget>
<output>116_000</output>
116000
<result>E</result>
If each of 4 subsidiaries of Corporation R has been granted a line of credit of $119,000 and each of the other 3 subsidiaries of Corporation R has been granted a line of credit of $112,000, what is the average (arithmetic mean) line of credit granted to a subsidiary of Corporation R?