There is a 0.9989 probability that a randomly selected 29-year-old male lives through the year. A life insurance company charges $190 for insuring that the male will live through the year. If the male does not survive the year, the policy pays out $110,000 as a death benefit. Complete parts (a) through (c) below.

a. From the perspective of the 29-year-old male, what are the monetary values corresponding to the two events of surviving the year and not surviving?

The value corresponding to surviving the year is $......

The value corresponding to not surviving the year is $.......

(Type integers or decimals. Do not round.)

b. If the 29-year-old male purchases the policy, what is his expected value?

(Round to the nearest cent as needed.)

c. Can the insurance company expect to make a profit from many such policies? Why?