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A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer

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A company makes electronic gadgets. One out of every 50 gadgets is faulty, but the company doesn't know which ones are faulty until a buyer complains. Suppose the company makes a $3 profit on the sale of any working gadget, but suffers a loss of $80 for every faulty gadget because they have to repair the unit. What is the expected profit or loss for every batch of 50 gadgets sold? (Round your final answer to two decimal places and select the most accurate option from below). O An expected profit of $5.80 An expected profit of $0.87 An expected loss of $2.65 Correct answer is not listed O An expected loss of $3.25 An expected loss of $2.25 An expected profit of $1.34 O An expected profit of $6.23

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