Gerry is shopping for a new car and sees a gorgeous Porsche 911 sitting outside the dealership. "I would love to buy that!" he thinks, but after seeing the sticker price of $ 100,000, he realizes that...

Gerry is shopping for a new car and sees a gorgeous Porsche 911 sitting outside the dealership. "I would love to buy that!" he thinks, but after seeing the sticker price of $ 100,000, he realizes that he will not be buying that car. Fortunately, he sees that there is a charity raffle event that day, so he decides to pay $100 for a raffle ticket. As luck would have it, Gerry wins the car! Which of the following statement(s) are necessarily true?

T. Gerry's PTBP for the Porsche was greater than $ 100,000.

II. Gerry's PIBP for the raffle ticket was greater than or equal to $ 100.

III. Now that he owns the Porsche, his PISP is the sticker price of $100,000.

a. I

b. 11

c. I and II

d. II and III