9. Belle Lee Button's recent "tummy tuck" procedure went horribly wrong. She must now wear turtleneck sweaters every day to cover the new location for her naval. Luckily, the surgeon had malpractice insurance. The insurance company has offered Belle a settlement of $300,000 right now. If Belle does not accept the $300,000 settlement offer, then she must go to arbitration because she had signed an arbitration requirement form as part of her pre-op authorization forms. Belle estimates that there is a 60% chance that the arbitration process will increase the settlement offer to $400,000 and a 40% chance that it will decrease the offer to $200,000. If Belle refuses the arbitration settlement offer, then she will have to hire a lawyer and sue the surgeon. Belle has narrowed the potential attorneys down to two. The first attorney, Shirley Liddy-Gates has offered to take the case for a retainer fee of $100,000 plus 10% of the award. With Shirley filing the lawsuit, Belle estimates that there is a 70% chance of obtaining an award of $800,000 and a 30% chance of obtaining an award of $500,000. The second attorney, Misty Meaner will take the case for a straight one-third of the award with no retainer fee. With Misty filing the lawsuit, Belle estimates that the awards would be $900,000 or $600,000 with probabilities .80 and .20 respectively. Draw the decision tree with probabilities and payoffs