Thomas Is a Construction Worker Who Earns $3,000 Per Month

Thomas is a construction worker who earns $3,000 per month. He is offered a job of constructing a tall building in a city that has harsh weather conditions, for which he would be paid $3,500 a month. He takes up the job even though his previous job was less risky.
-Refer to the scenario above. If construction workers in that city face a 0.01% higher chance of meeting with a fatal accident. The value of his statistical life is ________.

A) $1,000
B) $500,000
C) $1,000,000
D) $5,000,000