Suppose there are two options to replace a broken yet critical machine. The second option is to buy a used $5-$axis milling machine in pretty good shape that costs only $$20,000$ but the variable costs are $$10.$ If Marketing has determined low demand $=50,000$ units with probability $60\%$ and high demand of $150,000$ units with probability $40\%,$ what is the expected cost of this option?

Question $29$Select one:

a$.$

$$940,000$

b$.$

None of these answers is even close

c$.$

$$860,000$

d$.$

$$920,000$

e$.$

$$20,000$