Garys Pipe and Steel company expects sales next year to be $990,000 if the economy is strong, $695,000 if the economy is steady, and $384,000 if the economy is weak. Gary believes there is a 15 percent probability the economy will be strong, a 50 percent probability of a steady economy, and a 35 percent probability of a weak economy.

What is the expected level of sales for next year?

Expect Level of Sales____