could you help me soleve the finance management problem

A company is developing a new widget and trying to determine its production and marketing strategy at the beginning of 2000. The company is not certain of the demand for its product but believes that there is a probability that the product will succeed, while with probability 1-) it will fail. The firm will know the actual demand only by the end of 2000. The firm use a discount rate of 10%. If the product succeeds, the firm expects to be able to sell 20,000 widgets in 2000, 2001 and 2002 at a profit of$200 each. If it fails, the demand is zero. To have a production capacity of 10,000 units requires an investment of $1m (and $2m for double that capacity). If the product fails, the firm does not recover its investment. The firm can choose among the following strategies: Invest $2m and, if successful, sell 20,000 units in 2000, 2001 and 2002. Invest $1m and, if successful, sell 10,000 units in 2000; expand to 20,000 units for 2001 and 2002. Wait 1 year. If there is demand (ie, successful invest $2m and sell 20,000 units in 2001 and 2002 Answer the following (next page)