C16 q3 Please help with all 6 parts

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 $460,000. If it fails, the company will lose $300,000. Wilson Motors is trying to decide whether it should borrow the $300,000 given the current bank loan rate of 14%. Should Wilson Motors borrow the money if

a.the probability of success is 91%?

b.the probability of success is 84%?

c.the probability of success is 75%?

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Part 1

a.What is the expected profit (or loss) of the project if the the probability of success is 91%?

$enter your response here

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