When your companys Employee Fitness Center opens, your research indicates that its Net Present Value has a 70% chance of being $112,000. This NPV considers the present value of a decrease in employee medical premiums due to employees improving their health minus the present value of costs to build, staff and administer the center, as well as the annual depreciation on the building and equipment over the projects term.

But the fitness center also has a 30% chance of a net present value of $22,000.

Given the possible outcomes and their probabilities, what is the expected value of the Net Present Value for the Employee Fitness Center project?