5S-15 (Static) Given this payoff table: STATE OF NATURE #1 #2 A $120* 20 Alternative B 60 40 C 10 110 D 90 90 "Payoff in $ thousands. a. Determine the range of P1) for which each alternative would be best, treating the payoffs as profits. (Round your answers to 3 decimal places. Include the indifference point itself.) A B 0.700 P(1) s Never 1.00 C D 0SP(1) s 0.200 SP(1) s 0.200 0.700 S b. Answer part a treating the payoffs as costs. (Round your answers to 3 decimal places. Include the indifference point itself.) A B C D 0P(1) s SP(1) s 1 SP(1) S 1.00 Never