9 Problem 13-19 Decision tree analysis (LO13-4) 30 Allison's Dresswear Manufacturers is preparing a strategy for the fall season One alternative is to expand its traditional ensemble of wool sweaters A second option would be to enter the cashmere sweater market with a new line of high-quality designet label products. The marketing department has determined that the wool and cashmere sweater lines offer the following probability of outcomes and related cash flows Expand woo Enter Case Sweaters Line Seaters Line Present Value Present Value of Cash Flow of Cash Flows Expected Sales Probability from Sales Probability from Sales Fantastic 2.2 $240,000 0.5 $544,000 Moderate 2.5 133,000 0.) 259.000 Low 36,100 0.2 The initial cost to expand the wool sweater line is $129,000 To enter the cashmere Sweater line, the initial cost in designs, Inventory and equipment is $145,000 a. Calculate net present value Allison's Dresswear Manufacturers decides to (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Mc Check my work 9 Expected Sales Fantastic Moderate Low Sweaters Line Precent value of Cash Flows Probability from Sales 0.2 $240,000 2.5 133,000 36,100 Sweaters Line Present Value of Cash Flows Probability from Sales 0.5 $340,000 0.3 399.000 0.2 10 ponts Pin Then The initial cost to expand the wool sweater line is $129,000 To enter the cashmere sweater in the initial cou in designs, inventory and equipment is $145,000 a. Calculate net present value it, Allison's Dresswear Manufacturers decides to: (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest whole dollar) Net Present Value Expand wool sweaters in Enter cashmere sweaters line