See the multi-choice question below:

Sentence 1: The FCC estimates that the new procedure will save industry approximately $250 million annually in administrative expenses.

Sentence 2: Industry has annual administrative expenses in excess of $250 million.

If the first sentence is true, then is the second sentence true?
Select from the following.
[a]. yes.
[b]. it is not possible to tell.
[c]. no.
[a].