A $40-$year$-$old man in the U$.$S$.$ has a $0\mathrm{.}242\%$ risk of dying during the next year. An insurance company charges $$280$ per year for a life$-$insurance policy that pays a $$100,000$ death benefit. What is the expected value for the person buying the insurance? Round your answer to the nearest cent. Be careful with negative signs.

Expected Value: $ $$ for the year