McBurger, inc, wants to redesign its kichens to impeove productivity and quaihy. Three designs, caled designs K1,K2, and K3, are under consideration. No matter which design is used. daby production of sandwiches at a typical McBurger restaurant is for 600 sandwiches. A sandwich costs $1.30 to produce. Non-defective sandwiches sell, on the average, for $2.75 per sandwich. Defective sandwiches cannot be sold and are scrapped. The goal is to choose a design that maxmizes the expected proft at a typical restaurant over a 300 -day penod Designs K1,K2, and K33 cost $130,000,$140,000, and $180,000, respectively. Under design K1, there is a 80 chance that 90 out of each 100 sancwiches are non-defective and a .20 chance that 70 out of each 100 sandwiches are non-defective. Under design K.2. there is a .85 chance that 90 out of each 100 sandwiches are non-defective and a 15 chance that 75 out of each 100 sandwiches are non-defective. Under design K3, there is a . 90 chance thet 85 out of eoch 100 sanowiches are non-defective and a. 10 chance that 80 out of each 100 sandwiches are non-defective The expected profit level of design K1 is : (Epter your response as a real numowr rounded to two decimaiplaces)