A project has a life of 10 years and no salvage value. Your firm uses an MARR of 8% to evaluate projects. The project has uncertain costs and revenue as shown in the table below:

Initial Cost	Probability		Net Revenue	Probability
$130,000	0.25		$31,000	0.15
$210,000	0.60		$40,000	0.55
$340,000	0.15		$50,000	0.30

Determine the expected value of the EUAW for the project. Express your answer in $ to the nearest $100.

Answer is 10428.32 to check your answer. Show all equations for positive feedback.