The following function represents the production cost f(x), in dollars, for x number of units produced by company 1: f(x) = 0.05x2 − 7x + 300

The following table represents the production cost g(x), in dollars, for x number of units produced by company 2:

x g(x)
0.6 899.58
0.8 899.52
1 899.50
1.2 899.52
1.4 899.58

Based on the given information, determine which company has a lower minimum and find the minimum value.
f(x) at (1, 899.50)
g(x) at (70, 55)
f(x) at (70, 55)
g(x) at (1, 899.50)