Makenna's art masterpiece measured 14 inches by 18 inches. She shrunk the dimensions of her drawing by 40% to make it fit on the cover of her notebook. What is the area of the new drawing? Round to the nearest HUNDREDTH (two numbers behind the decimal).
A. 40.32 square inches
B. 90.72 square inches
C. 151.20 square inches
D. 100.80 square inches