Mass of bigger disc having radius $2 R$ is $M$. A disc of radius $R$ is cut from bigger disc as shown in figure. Moment of inertia of disc about an axis passing through periphery and perpendicular to plane (shown in figure) is:
(a) $\frac{27 M R^{2}}{8}$
(b) $\frac{29 M R^{2}}{8}$
(c) $3.5 \mathrm{MR}$
(d) $2 M R^{2}$