Gary's Pipe and Steel Company expects sales next year to be $900,000, if the economy is strong, $600,000, if the economy is steady, and $400,000, if the economy is weak. Gary believes there is a 25% probability that the economy will be strong, a 50% probability of a steady economy, and a 25% probability of a weak economy. What is the expected level of sales for next year?

Question 33 options:

A)	$625,000
B)	$665,000
C)	$725,000
D)	$715,000