Boom Co had annual sales of 100,000 in 20X1 and believes in 20X2 they have an 80% chance of increasing this level of revenue by 25% due to their proposal to open a new store. However, there is a 20% chance they may not open a new store due to fears of a declining market in which case revenue may drop by 10%.

What is the expected value of the revenue in 20X2?

A 98,000

B 118,000

C 120,000

D 132,000