Four friends decide to have a party every Saturday. They decide to contribute to a pool of money that will be spent for the parties. The table shows the maximum amount each friend is willing to contribute for each party:
Number of parties Peter Mary Kate Jacob
First party $250 $340 $120 $215
Second party $200 $270 $100 $160
Third party $135 $80 $70 $100
Fourth party $60 $100 $25 $40
If the cost of each party is $225, up to how many parties should they have to maximize total surplus?
A) 1
B) 2
C) 3
D) 4
D
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