Step 1: Use Henry's law.
According to Henry's law,
\[
p=K_Hx
\]
where \(p\) is the partial pressure of gas, \(K_H\) is Henry's law constant and \(x\) is the mole fraction of the gas in solution.
Given,
\[
p=1\ bar
\]
\[
K_H=50\ kbar=50\times 10^3\ bar
\]
Step 2: Calculate mole fraction of oxygen.
\[
x=\frac{p}{K_H}
\]
\[
x=\frac{1}{50\times10^3}
\]
\[
x=2\times10^{-5}
\]
Step 3: Calculate moles of water in \(1\ L\).
For \(1\ L\) water,
\[
\text{Mass of water}=1000\ g
\]
Molar mass of water is
\[
18\ g\ mol^{-1}
\]
Hence,
\[
n_{H_2O}=\frac{1000}{18}
\]
\[
n_{H_2O}=55.55
\]
Step 4: Calculate moles and mass of oxygen.
For dilute solutions,
\[
x_{O_2}
=
\frac{n_{O_2}}{n_{H_2O}}
\]
Therefore,
\[
n_{O_2}=x_{O_2}\times n_{H_2O}
\]
\[
n_{O_2}=2\times10^{-5}\times55.55
\]
\[
n_{O_2}=1.111\times10^{-3}
\]
Mass of oxygen dissolved is
\[
m=n\times M
\]
\[
m=1.111\times10^{-3}\times32
\]
\[
m=0.03555\ g
\]
\[
m=35.55\ mg
\]
Step 5: Convert into ppm.
For aqueous solutions,
\[
1\ ppm \approx 1\ mg\ L^{-1}
\]
Since the solution volume is \(1\ L\),
\[
\text{Concentration}=35.55\ ppm
\]
Approximately,
\[
35.50\ ppm
\]
Step 6: Final conclusion.
Hence,
\[
\boxed{35.50}
\]
Therefore, option (2) is correct.