Poker chips are numbered \(\$ 1, \$ 5, \$ 10, \$ 20\), and \(\$ 50\). Four chips are numbered \(\$ 1\). Two chips are numbered \(\$ 5\). Two chips are numbered \(\$ 10\). One chip is numbered \(\$ 20\). One chip is numbered \(\$ 50\). If one chip is selected at random, find the expected value of the chip.