A small business needs a $240,000 loan to invest in a risky project. The project will succeed with prob. 0.89, and generate revenue $360,000, otherwise it will fail and produce zero. If the business gets a loan at a competitive rate, then in event of success, the revenue net of loan payment would be _______.

a. $87,010

b. $87,990

c. $88,750

d. $90,337