Waterway Industries produces 1000 units of a necessary component with the following costs:

Direct Materials	$42000
Direct Labor	23000
Variable Overhead	8000
Fixed Overhead	10000

Waterway Industries could avoid $6000 in fixed overhead costs if it acquires the components externally. If cost minimization is the major consideration and the company would prefer to buy the components, what is the maximum external price that Waterway Industries would accept to acquire the 1000 units externally?

a. $75000

b. $79000

c. $77000

d. $73000