IBM Inc. has a project that costs $90,000. It has a 50% chance of paying off $200,000 and a 50% chance of paying off $0. What is the expected payoff and the expected profit or loss from the new project?

The expected payoff is $100,000 and the expected profit is $10,000.The expected payoff is $10,000 and the expected profit is $10,000.The expected payoff is $100,000 and the expected loss is $100,000.The expected payoff is $100,000 and the expected loss is $10,000.