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Sam agrees to drill a well up to $200$ feet deep for Billy's rural cabin. The contract price is $$3,000.$ After drilling $100$ feet, Sam strikes solid granite rock. He talks to Billy and explains that this is highly unusual for the area and could not have been anticipated at the time of entering into the contract. He offers to get a special drill, but says it will cost him more money, so that he will be unable to complete the project for the agreed price. Because Billy is anxious to have the well, he agrees to pay Sam an additional $$1,000$ to complete the job. However, once the well is finished, he changes his mind and now says he will pay only the originally agreedupon amount. In this case:

The additional $$1,000$ is inadequate for consideration

the substitute contract is binding under the UCC because there is the payment of additional money.

Sam is in breach of contract. Billy need not pay any additional money.

Sam is under a pre$-$existing moral duty to perform at the originally agreedupon price.

the parties have agreed to a substitute contract which discharges the original contract. Billy is obligated to pay the additional $$1,000.$