On each nondelinquent sale Cast Iron receives revenues with a present value of $1, 210 and incurs costs with a present value of $1, 060. Assume there is no possibility of repeat orders and that the probability of successful collection from the customer is p = 96. What is the expected profit of granting credit? (A negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected profit per sale Should Cast Iron grant or refuse credit? Grant Refuse b. What is the break-even probability of collection? (Enter your answer as a percent rounded to1 decimal place.) Break-even probability