Benefits of borrowing. Wilson Motors is looking to expand its operations by adding a second manufacturing location.

If it is successful, the company will make $$450,000.$ If it fails, the company will lose $$290,000.$ Wilson Motors is trying to

decide whether it should borrow the $$290,000$ given the current bank loan rate of $16\%.$ Should Wilson Motors borrow

the money if

a$.$ the probability of success is $92\%?$

b$.$ the probability of success is $78\%?$

c$.$ the probability of success is $71\%?$

a$.$ What is the expected profit $($or loss$)$ of the project if the the probability of success is $92\%?$

$ $($Round to the nearest dollar. Enter a negative number for a loss.$)$