Please use the numbers given in the questions to answer the question using excel.

2 (b) How much does Strassel need to bid to be assured of obtaining the property? \begin{tabular}{|r|} \hline$121,000 \\ $131,000 \\ $141,000 \\ \hline \end{tabular} expectedprofitforabidof$121,000expectedprofitforabidof$131,000$$ expectedprofitforabidof$131,000expectedprofitforabidof$141,000$$ What is the recommended bid? $121,000$131,000$141,000