Great Plains Investment Inc. (GP, an investment banking firm, has proposed two types of payment plans for the IPO being considered by Ashford Community Hospital. The first is a firm commitment of $7,000,000 The second is a best efforts arrangement in which GPI will receive $2.00 for every share sold up to a maximum of $1,000,000 for the 500,000 shares being offered. How much money will GPl earn under the best efforts method if it is able to sell only 75% of the offering at a price of $20.00 per share? O A. $1,600,000 OB. $750.000 O C. $900,000 OD, $1,000,000