The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.
1). Rs 5000 worth of consumer surplus
2). Rs 8000 worth of consumer surplus
3). Rs 5000 worth of producer surplus
4). Rs 8000 worth of producer surplus

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