Question 18·Hard·Two-Variable Data: Models and Scatterplots

Each dot in the scatterplot above represents an apartment listing in a city, where $x$ is the distance from downtown (in kilometers) and $y$ is the monthly rent (in hundreds of dollars). A line of best fit for the data is shown, and one data point is labeled $P$.

The residual for a point is defined as

Suppose the monthly rent for the apartment represented by point $P$ decreases by $200, and the line of best fit is shifted upward by $0.4$ (hundreds of dollars) at every $x$-value.

Which choice gives the new residual for point $P$, in dollars?