Sameer manufacturing company is trying to decide whether to make-or-buy an accessory item for one of their products. It is projected that this item will sell for $10 each. If the item is outsourced (buy), there is virtually no cost other than the $6 per unit that they would pay their supplier. Internally, they have a choice of making a process (make) to produce the item which requires an investment of $120,000 for design and equipment, but results in a $4 per unit cost. Regardless of whether the item is outsourced or produced internally, there is a 50% chance that they will sell 50,000 units (low demand), and a 50% chance that they will sell 100,000 units (high demand). Using decision trees and EMV, answer the followings: The expected monetary value (EMV) for producing the item internally (make) is