A refinery buys $20$ million barrels of crude oil at a market price of $$25$ per barrel on ${11}^{th}$ August $201.$ Having processed the oil, the refinery sells its final products in October $201$ for an average price of $$43$ per barrel, when the average market price of crude oil is $$30$ per barrel.

Which of the following statements about current replacement cost accounting is$/$are correct:

$($i$)$ Cost of sales is $$500$ million.

$($ii$)$ The capital maintenance adjustment is $$130$ million.

$($iii$)$ Replacement cost profit of $$360$ million is made on the sale.

Select one:

a$.($i$)$ only

b$.($ii$)$ only

c$.$ No statement is correct

d$.($i$)$ and $($iii$)$

e$.($i$)$ and $($ii$)$

f$.($iii$)$ only

g$.($ii$)$ and $($iii$)$