To answer this question we will substitute the given values into the formulas to compute n and d.
Substituting Sₙ=-392, a₁=-2, and aₙ=-54 in the first formula we get:

Simplifying the above result we get:

Dividing the above equation by -18 we get:

Now, substituting n=14, aₙ=-54, and a₁=-2 in the second formula we get:

Simplifying the above result we get:

Then:

Now, using the second formula, a₁=-2, and d=-4 we get:

Therefore the first three terms of the arithmetic series are:

Answer: Second option.