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Additional Algo 1 3 - 8 Expected Profit A grocer purchases carrots for $ 2 . 2 5 per pound and sells them for $

Additional Algo 13-8 Expected Profit
A grocer purchases carrots for $2.25 per pound and sells them for $4.90 per pound. At the end of the sales cycle, leftover carrots are sold for a closeout price of $1.20 per pound. The grocer purchases 10,100 pounds of carrots. Expected demand is normally distributed with a mean of 8,080 pounds and a standard deviation of 1,010.
What is the grocer's expected profit? Use Excel.
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.

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