The circle shown below is centered at (0, 0) and passes through point P located at (2, 0). The circle is dilated with the center of dilation at the origin and a scale factor of 0.5 and then translated up 3 units. What are the coordinates of the image of point P after this transformation?
A (4, 3)
B (1, 3)
C (1, 1.5)
D (0.5, 3)
