JA problem: Jefferson's Apartments (JA) wants to build an apartment complex. The choices are on the East side or the West as a shopping mall is expected to be built. If it buys a large plot on the East side and the mall is built there, it'll be earn a net profit of $410,000, but if the mall is built on the west side, then JA will lose $80,000. The table below gives the probability and the expected probability at each location.

	East	West
Large	$410	-$80
Medium	$220	$60
Small	$120	$100
Probability	0.5	0.5

JA is thinking of consulting a company. In the past, on matters of land purchase, the company has predicted favorable results 40% of the time. However, when it has predicted favorable results, it has been correct 70% of the time. The table below summarizes the probabilities.

	East	West	Total
Favorable report	0.28	0.12	0.4
Unfavorable report	0.12	0.48	0.6

f JA conducts a survey, what profit it'll expect from this project? (Answer in the original units as shown in the table - like 143, not 143000). Show steps