Lauren Ltd. has estimated possible levels of revenue, total variable costs together with their associated probabilities for next year:

Total revenue

200,000 400,000 800,000 880,000 900,000 960,000

Total variable costs

50,000 120,000 220,000 245,000 260,000 280,000

Probability

0.1 0.1 0.2 0.4 0.1 0.1

Assuming that total fixed costs will be 635,000 euro next year, what is the probability that Lauren Ltd. will at least break even next year?

(a) 0.2

(b) 0.1

(c) 0.8

(d) 0.6