The Thomas Company is assessing the potential loss from a strike. The following table lists three possible scenarios, the expected loss under each scenario, and the likelihood of each scenario. Scenario Minor Moderate Significant Expected Loss $280,000 $700,000 $1,390,000 Likelihood 65% 30% 5% Based on this information, what is the expected loss from this strike? $1,390,000 $280,000 O $790,000