Milk-U, an agricultural consulting firm, has developed the following income statement forecast: Milk-U Income Forecast (in 000's) Probability of Occurrence 2% 8% 80% 8% 2% Sales $500 $700 $1,200 $1,700 $1,90 Variable Expenses 250 350 600 850 95 Fixed Operating Expenses 250 250 250 250 25 Operating Income 0 100 350 600 70 Calculate the expected value of Milk-U's operating income. Calculate the standard deviation of Milk-U's operating income. Calculate the coefficient of variation of Milk-U's operating income Recalculate the expected value, standard deviation, and coefficier of variation of Milk-U's operating income if the company's sales forecast changed as follows: Probability of Occurrence 10% 15% 50% 15% 10% $500 $700 $1,200 $1,700 $1,900 Comment on how Milk-U's degree of business risk changed as a result of the new sales forecast in part d