Nebraska, the home of the AMC, changed its license plate scheme. Each old license plate consisted of a letter followed by four digits. Each new license plate consists of three letters followed by three digits. By how many times is the number of possible license plates increased?
<spanclass=′latex−bold′>(A)</span>1026<spanclass=′latex−bold′>(B)</span>102262<spanclass=′latex−bold′>(C)</span>10262<spanclass=′latex−bold′>(D)</span>103263<spanclass=′latex−bold′>(E)</span>102263