Baker Corporation is drilling an oil well. The drilling rig costs $$910$ today, and in one year the well is either a success or a failure. The outcomes are equally likely. The discount rate is $9\%.$ The value of the successful payoff at t$=1$ is $$1,580.$ The value of the unsuccessful payoff at t$=1$ is $$0.$ However, in case of failure, the firm can abandon the rig and sells it for $$550$ at t$=1.$ What is the value of the abandonment option? $($Hint: the value of the abandonment option is the difference between the NPV of the project with the abandonment option and the NPV of the project without the abandonment option$)$

$$160\mathrm{.}85$

$-$$$81\mathrm{.}62$

$$252\mathrm{.}29$

$$0\mathrm{.}00$

$$110\mathrm{.}65$