toys for you is considering a proposed project for its capital budget. The company estimates the project's NPV is $650,000. This estimate assumes that the economy and market conditions will be average over the next few years. The company's CFO, however, forecasts there is only a 50% chance that the economy will be average. Recognizing this uncertainty, she has also performed the following scenario analysis:

Economic Scenario	Probability of Outcome	NPV
Recession	0.05	-$350,000
Below average	0.15	-75,000
Average	0.50	650,000
Above average	0.25	1,250,000
Boom	0.05	1,500,000