A resturant is purchasing a new HVAC system. The purchase includes a 1-year parts and labor warranty for $719.99. The extended warranty covers 80% of parts and labor costs, as well as routine maintence service calls. The HVAC system model averages $2,000 per year in repairs and maintenance fees. Does the resturant save or lose money using the warranty for one year?
a. the resturant loses $880 per year using the warranty
b.the resturant saves $880 per year using the warranty
c.the resturant loses $320 per year using the warranty
d.the resturant saves $320 per year using the warranty