Vlad deposits $50,000 into a segregated fund contract with 75% maturity and 75% death benefit guarantee. The contract matures in 10 years. A couple of years later, the market value of his investment increases to $80,000 and a reset is applied. Two years after the reset, Vlad plans to surrender the contract when the market value is $75,000. What is the amount Vlad will receive upon surrendering the contract?

a. $60,000

b. $75.000

c. $80,000

d. $50,000