Shirly Ngo spends four days in a local private not-for-private hospital. The hospital charges her $140,000 for the services. Her insurance company has contracts with the hospital that will lower the amount that has to be paid. The hospital believes it has a 70 percent chance that the reduction will be $40,000 and a 30 percent chance that the reduction will be $80,000. The hospital applies the most likely outcome method to variable consideration. What amount of revenue should be reported?

a. $-0-

b. $60,000

c. $88,000

d. $100,000