John will surf for five days on vacation. Renting a surfboard costs 50 dollars per day. Buying a surfboard costs 300 dollars, and the surfboard can be resold to a used-goods store for 1/3rd the new price. Which is the correct cost comparison?
Renting: 200 dollars. Buying: 300 dollars. Renting is cheaper.

Renting: 250 dollars. Buying: 200 dollarsBuying is cheaper

Renting: 250 dollars. Buying: 300 dollars. Buying is cheaper.

Renting: 200 dollars. Buying: 250 dollarsRenting is cheaper.