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Answer the following questions using the information below: Patrick Ross has three booth rental options at the county fair where he plans to sell his new product. The booth rental options are: exist1,000 fixed fee, or exist750 fixed fee + 5% of all revenues generated at the fair, or 20% of all revenues generated at the fair. The product sells for exist37.50 per unit. He is able to purchase the units for exist12.50 each. Which option should Patrick choose to maximize income assuming there is a 40% probability that 70 units will be sold and a 60% probability that 40 units will be sold? A) Option one B) Option two C) Option three D) All options maximize income equally