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Gary's Pipe and Steel company expects sales next year to be $1,020,000 of the economy is strong, 5710,000 if the economy is steady. and $387,000

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Gary's Pipe and Steel company expects sales next year to be $1,020,000 of the economy is strong, 5710,000 if the economy is steady. and $387,000 of the economy is weak. Gary believes there is a 30 percent probability the economy will be strong, a 40 percent probability of a steady economy, and a 30 percent probability of a weak economy What is the expected level of sales for next year? Expected level of sales

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