Six friends ordered a pizza and decided to split the cost equally. If the total cost of the pizza was $16.95, determine the exact amount that each person owes and use it to identify the most accurate response.
A) Each person owes $2.71 for the pizza.
B) Each person owes $2.83 for the pizza.
C) Each person owes $2.95 for the pizza.
D) Each person owes $3.12 for the pizza.