An insurance policy sells for $1200. Based on pastdata, an average of 1 in 100 policyholders will file a $15,000 claim, an average of 1 in 200 policyholders will file a $50,000 claim, and an average of 1 in 250 policyholders will file a $70,000 claim. Find the expected value(to thecompany) per policy sold. If the company sells 20,000 policies, what is the expected profit orloss?