(Table: Total Utility and Choices with Uncertainty and Scenario: a Novelist

(Table: Total Utility and Choices with Uncertainty and Scenario: A Novelist or a Teacher) Use Table: Total Utility and Choices with Uncertainty and Scenario: A Novelist or a Teacher. Suppose that the probability that a biography is not a success is 50%, that it is a success is 30%, and that it is a success and optioned for a movie is 20%. Given this information, Elizabeth's expected income is:
Scenario: A Novelist or a Teacher
Elizabeth is working as a high school English teacher and is considering leaving her teaching job to ghost write biographies for Hollywood actors. Her teaching job pays $40,000 per year. In contrast, the ghost writing will pay $25,000 for the first year whether the biography is a success or not, $50,000 if it is a success, and $100,000 if it is a success and is optioned for a movie deal. Elizabeth is a utility maximizer; her utility function is shown in the table.
$$\text { Table: Total Utility and Choices with Uncertainty } \\\begin{array} { | l | l | } \hline \text { Income } & \text { Total Utility (utils) } \\\hline \$ 25,000 & 1,500 \\\hline 30,000 & 1,900 \\\hline 35,000 & 2,250 \\\hline 40,000 & 2,550 \\\hline 45,000 & 2,800 \\\hline 50,000 & 3,000 \\\hline 55,000 & 3,150 \\\hline 60,000 & 3,250 \\\hline 65,000 & 3,300 \\\hline 100,000 & 3,500 \\\hline\end{array}$$

A) $52,500.
B) $47,500.
C) $40,000.
D) $37,500.