In each quarter of $1998,$ Company $M$ earned more money than in the previous quarter. What was the range of Company

In each quarter of $1998,$ Company $M$ earned more money than in the previous quarter. What was the range of Company $M$'s quarterly earnings in $1998?$

(1) In the $2nd$ and $3rd$ quarters of $1998,$ Company $M$ earned $\$4.0$ million and $\$4.6$ million, respectively.
(2) In the $1st$ and $4th$ quarters of $1998,$ Company $M$ earned $\$3.8$ million and $\$4.9$ million, respectively.

Answer: B

Source: Official Guide

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