Lila has a monthly income of $160,000. Unfortunately, there is a chance that she will have an accident resulting in a loss of $94,464. Thus, leaving her an income of only $65,536. Lila is a low-risk individual and the probability of her having an accident is p = 0.25. Finally, assume that her preferences over income can be represented by the utility function u(x) = ln (x). a) What is the expected income? What is Lila's expected utility (in log form)? b) What is the certainty equivalent to her situation