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Part $1$

Use the information for the question below.

Alaska North Slope Crude Oil$($ANS$)$

$$$$71\mathrm{.}75/$Bbl

West Texas Intermediate Crude Oil$($WTI$)$

$$$$73\mathrm{.}06/$Bbl

As an oil$$ refiner, you are able to produce

$ $77$$$77$

worth of unleaded gasoline from one barrel of Alaska North Slope$($ANS$)$ crude oil. Because of its lower sulfur$$ content, you can produce

$ $78$$$78$

worth of unleaded gasoline from one barrel of West Texas Intermediate$($WTI$)$ crude.

Another oil refiner is offering to trade you

$10$ comma $200$ Bbls$10,200$Bbls

of Alaska North Slope$($ANS$)$ crude oil for

$10$ comma $050$ Bbls$10,050$Bbls

of West Texas Intermediate$($WTI$)$ crude oil. Assuming you currently have

$10$ comma $050$ Bbls$10,050$Bbls

of WTI$$ crude, the added benefit$($cost$)$ to you if you take the trade is closest$$ to:

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Part $1$

A$.$

$($$ $1$ comma $500$$$1,500)$

B$.$$ $1$ comma $500$

$ $1$ comma $500$$$1,500$

C$.$

$($$ $3$ comma $425$$$3,425)$

D$.$$ $3$ comma $425$

$ $3$ comma $425$$$3,425$