Sunland, Inc., is launching a new store in a shopping mall in Houston. The annual revenue of the store depends on the weather conditions in the summer in Houston. The annual revenue will be $224,700 in a sizzling summer, with a probability of 0.3, $72,500 in a cool summer with a probability of 0.2, and $130,500 in a normal summer with a probability of 0.5. What is the expected annual revenue for the store?

Expected annual revenue