C

$7.($LO $4)$ AP Oscar Enterprises Ltd$.$ is determining the transaction price for a recent sale. The selling price of the goods is $$4,000$ and in the past, returns were $8\%$ of sales $60\%$ of the time and $10\%$ of sales $40\%$ of the time. What is the estimated transaction price if Oscar Enterprises uses the contract$-$based approach for revenue recognition and the expected value method to estimate variable consideration?

a$.$ $$3,680$

b$.$ $$3,648$

c$.$ $$3,600$

d$.$ $$3,632$